Stewart Honored as One of America's Most Trustworthy Companies
HOUSTON (March 26, 2012) – Stewart Information Services Corp. (NYSE-STC) has been recognized by Forbes as one of the Top 100 Most Trustworthy Companies in America. Stewart was selected based on an independent audit of 8,000 companies listed on the U.S. stock exchanges.
“Stewart is extremely proud that the integrity with which we’ve operated for well over a century has been recognized by Forbes, and we’re honored to be part of such a distinguished group,” said Matt Morris, CEO of Stewart. “Stewart has always held trust and integrity as part of our core values. Not only is it the right thing to do, it provides a foundation for withstanding economic downturns and ensuring our future success.”
Independent financial analytics company, GMI Ratings (GMI), selected the top 100 companies based on a quantitative and qualitative analysis assessing the quality of corporate accounting and management practices. Factors that weigh into the evaluation include executive compensation levels, management turnover, accounting practices, existence of positive events and the absence of negative events, among other criteria.
To qualify, each of the top 100 companies had to have market caps of $250 million or more as of March 13, 2012. Further, they must have maintained a “conservative” or “average” accounting and governance risk score (AGR) for four consecutive quarters.
Stewart Information Services Corp. (NYSE-STC) is a customer-focused, global title insurance and real estate services company offering products and services through our direct operations, network of approved agencies and other companies within the Stewart family. Stewart provides these services to homebuyers and sellers; residential and commercial real estate professionals; mortgage lenders and servicers; title agencies and real estate attorneys; home builders; and United States and foreign governments. Stewart also provides loan origination and servicing support; loan review services; loss mitigation; REO asset management; home and personal insurance services; tax-deferred exchanges; and technology to streamline the real estate process. Offering personalized service, industry expertise and customized solutions for virtually any type of real estate transaction, Stewart is the preferred real estate services provider. More information can be found via our website http://www.stewart.com/news.