Advertisement
Business

Fidelity National Buys Portland Firm as Part of Expansion Effort

By MARIA L. La GANGA
Share

Fidelity National Financial Inc., an Irvine title insurance underwriter, has acquired a Portland, Ore., title company for $2.3 million, Fidelity officials said Thursday.

Purchase of Western Title Company, which has six offices in the Portland area, is Fidelity’s latest effort to expand in the Western coastal states, said Monte Sturgeon, Fidelity’s assistant treasurer.

“We have operations in 29 states, excluding Oregon,” Sturgeon said. “We’re always looking at expansion. . . . In November, 1987, we bought Western Title Insurance Company and its four subsidiaries. It was in San Francisco.”

Advertisement

Western Title Company has annual revenue of more than $300 million and employs about 50 workers. Its name will be changed to Fidelity National Title Co. of Oregon, and all of its policies will be underwritten by Fidelity National Title Insurance Co. of California.

More to Read

Business
Maria L. La Ganga

Maria L. La Ganga is the deputy managing editor for California and Metro, overseeing the Los Angeles Times’ largest editorial department. She joined The Times in 1981 as an academic intern, splitting her time between the former Metro section and National Dragster, the official publication of the National Hot Rod Assn. She has served as Seattle bureau chief, San Francisco bureau chief, edited in the Business section and pitched in on six presidential elections, five for The Times and one for the Guardian. La Ganga left The Times in 2015 and returned in 2018 after a brief hiatus during which she wrote for the Guardian and the Idaho Statesman. She was named city editor in 2022 and promoted to her current role in 2024. La Ganga graduated from Granada Hills High School in the San Fernando Valley and Cal State Northridge, where she studied English literature and journalism.

More From the Los Angeles Times

Advertisement