First American Title announces acquisition of Columbia Real Estate Title in Washington, D.C.

February 23, 1987, SANTA ANA, CALIFORNIA

First American Title Insurance Company announced today that they have acquired Columbia Real Estate Title Insurance Company in Washington, D.C., significantly strengthening the company's market position in the nation's capital. Columbia Title does some 17.5 percent of the title business in the District of Columbia.

Anthony P. Schembri, First American's regional vice president for the Mid-Atlantic area, is president of the new acquisition. Schembri, a long-time veteran of the title insurance business, will continue to serve in both positions.

Chartered in 1881 and the only title insurance firm chartered in the nation's capital, Columbia Title has the largest and most complete title plant in D.C. It also has offices in Maryland and Virginia and is qualified to do business in Ohio. It now operates as a wholly-owned subsidiary of First American. The acquisition became effective January 30.

First American Title Insurance Company, principal subsidiary of The First American Financial Corporation, operates through more than 2,500 offices and agents throughout the United States and in Guam, Puerto Rico, the Virgin Islands and England.


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