HOUSTON (Feb. 23, 2006) - Stewart Information Services Corp. (Stewart) (NYSE-STC) has been named to FORTUNE magazine's annual list of "America's Most Admired Companies," landing as number four on the "mortgage services" industry list.
Stewart was the highest-ranking title insurance company on the list, receiving high marks for its use of corporate assets and financial soundness. For Stewart's individual rankings, go to http://money.cnn.com/magazines/fortune/mostadmired/snapshots/2168.html.
"We are pleased to be recognized for our hard work to make Stewart one of the title industry's strongest companies, with 31 years of consecutive growth in reserves and surplus - unmatched by any other title company," said Malcolm S. Morris, chairman, Stewart Information Services Corp.
"It is even more evidence of the great service being rendered in the financial services sector that title insurers claimed four of the top ten spots," added Morris. "Consumers highly rate the services being provided by the title insurance industry in the home buying process."
Stewart Information Services Corp. (NYSE-STC) is a technology-driven, strategically competitive, real estate information and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 8,500 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, default management solutions, automated county clerk land r ecords, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges. More information can be found at www.stewart.com.