Land Title & Survey's local office, occupying 1,200 sf, is blending into the Downtown branch of Fidelity National's 3,000-sf quarters at 50 W. Oak St.
"Although close geographically, each operation was independent and provided its customers its own separate brand of title insurance," Daniel A. Wallace, Fidelity's division vice president, tells GlobeSt.com. "As time went on, that made less and less economic sense, since both were competing for the same market share."
Kathy Cape, who managed Land Title & Survey's Kissimmee office, will server as the consolidated Fidelity Kissimmee manager, overseeing a staff of nine. Debbie Perry will operate as Osceola County market manager.
The merger leaves Fidelity with two offices serving the Osceola market. The Land Title office in nearby St. Cloud, FL, managed by Barbara Culbertson, was not affected by the merger.
Fidelity National Financial Inc., the publicly traded, Irvine, CA-based parent of Fidelity National Title Insurance of New York, acquired the 23-year-old Land Title & Survey in February 1999.
Fidelity National Financial says it is the nation's largest title insurance company providing diversified real estate-related products and services.
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