-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E0RqXJfSHUtY+eIX6MJXQgPX5ix/1/MSgy7cbhwxUzukeaYwo6IFlymE7bhK0UnB GVc935k+64RRGEs/CsNqhA== 0001002105-01-000006.txt : 20010129 0001002105-01-000006.hdr.sgml : 20010129 ACCESSION NUMBER: 0001002105-01-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010124 ITEM INFORMATION: FILED AS OF DATE: 20010126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LANDAMERICA FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000877355 STANDARD INDUSTRIAL CLASSIFICATION: TITLE INSURANCE [6361] IRS NUMBER: 541589611 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13990 FILM NUMBER: 1516434 BUSINESS ADDRESS: STREET 1: 101 GATEWAY CTR PKWAY STREET 2: GATEWAY ONE CITY: RICHMOND STATE: VA ZIP: 23235 BUSINESS PHONE: 8042678000 MAIL ADDRESS: STREET 1: PO BOX 27567 STREET 2: PO BOX 27567 CITY: RICHMOND STATE: VA ZIP: 23261 FORMER COMPANY: FORMER CONFORMED NAME: LAWYERS TITLE CORP DATE OF NAME CHANGE: 19930328 8-K 1 0001.txt FORM 8-K ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: January 24, 2001 (Date of earliest event reported) LANDAMERICA FINANCIAL GROUP, INC. (Exact Name of Registrant as Specified in its Charter) Virginia 1-13990 54-1589611 (State or Other Jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification No.) 101 Gateway Centre Parkway Richmond, Virginia 23235-5153 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (804) 267-8000 ================================================================================ Item 5. Other Events. With respect to the Norwest Suit reported in the Registrant's Form 10-K for the fiscal year ended December 31, 1999 (as defined therein), Commonwealth Land Title Insurance Company ("Commonwealth"), a Pennsylvania corporation and wholly-owned subsidiary of the Registrant, has negotiated a settlement of the suit on behalf of itself and its current or former employees named as defendants. Pursuant to the settlement, Commonwealth has agreed to pay Norwest Mortgage, Inc. and Norwest Funding, Inc. ("Norwest") $2.95 million, which is within the range of Commonwealth's estimated costs to continue to defend the suit through trial. On January 24, 2001, the court granted Commonwealth's motion for a good faith settlement determination, which would bar, to the extent they may exist, certain claims against Commonwealth for indemnity by other parties currently being sued by Norwest on claims related to an alleged fraudulent mortgage loan scheme involving loans originated by Allstate Mortgage Company. This ruling is subject to appellate review and there may be further proceedings relating to the motion. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LANDAMERICA FINANCIAL GROUP, INC. (Registrant) Date: January 26, 2001 By: /s/ Russell W. Jordan, III, Esq. ----------------------------------------- Russell W. Jordan, III, Esq. Senior Vice President and General Counsel -----END PRIVACY-ENHANCED MESSAGE-----