First American Title Insurance Completes Acquisition of Pacific Northwest Title Holding Company

June 23, 2004

SANTA ANA, Calif., First American Title Insurance Companyhas completed its acquisition of Seattle-based Pacific Northwest Title Holding Company and its subsidiaries. The acquisition, which was originally announced in December 2003 and closed June 1, 2004, significantly increases First American's regional presence. Pacific Northwest has more than 500 employees and approximately 25 offices.

Incorporated in 1983, Pacific Northwest has 10 title services subsidiaries, including Pacific Northwest Title Insurance Company. Licensed in Washington, Oregon, Idaho and Alaska, the company and its subsidiaries own portions of 14 title plants. Pacific Northwest also serves as an underwriter for an extensive number of unaffiliated agents.

A wholly owned subsidiary of First American, Pacific Northwest will continue to operate under its existing name as an independent company. Dennie L. Rowland, senior executive vice president of First American Title Insurance Company, will serve as chairman. Rowland is responsible for helping guide First American Title's multiple brand strategy.

Source: First American Title Insurance Company


Contact ALTA at 202-296-3671 or communications@alta.org.

North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents. SoftPro is the nation's leading provider of real estate closing and title insurance software. With more than 14,000 customer sites and over 60,000 users nationwide, this award-winning software offers a suite of products designed to increase your volume and revenue by reducing the time it takes to do closings. SoftPro has been recognized by the American Business Awards every year since 2007 - winning awards for Superior Customer Service, Support and Product Development.