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                       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: October 8, 2002
                        (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

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Item 5.    Other Events

         On October 8, 2002,  the Company  reached a final  settlement  with the
State  of  California  in  the  defendant  class  action  lawsuit  filed  in the
Sacramento County Superior Court by the California  Attorney General against the
Company  and  the  Company's  principal  competitors  in  California  (Case  No.
99AS02793).  The  agreement  reached  with the State of  California  settles all
outstanding  claims  against the Company  and  certain of its  subsidiaries  for
alleged  violations of California  Business and Professions  Code sections 17200
et. seq.  and 17500  during the period from May 19, 1995 until the date of entry
of final  judgment  approving the  settlement.  The  litigation  was  previously
reported by the Company in its Form 10-K for the fiscal year ended  December 31,
2001.

         Pursuant to the  settlement,  the Company  will pay $1.6 million to the
California  Attorney General and a total of $8.0 million in the form of (i) cash
payments to former escrow customers that meet certain  eligibility  requirements
and file timely claims and (ii)  discounts on future escrow and title  insurance
services to eligible  customers as agreed to in the  settlement.  The settlement
arrangement also contains an injunction prohibiting the Company from engaging in
certain  activities  relating to the  provision of title and escrow  services in
California.

         The   Company's   agreement   to  settle  the  lawsuit  is  part  of  a
comprehensive  settlement  of claims by the State of  California  with six major
title  insurance  companies  doing business in California.  The  contemporaneous
settlements  each  included  provisions  relating  to cash  payments  of various
amounts and  injunctions.  In reaching the  settlement,  the Company  denied any
liability or wrongdoing.







                                   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:  October 11, 2002        By: /s/ G. William Evans
                                   ________________________________
                                   G. William Evans
                                   Chief Financial Officer