6/22/2006

First American Expands in Poland

First American launched its First Title Poland unit to offer title insurance solutions to lenders, investors and developers.

The company said its insurance policies have been tailored to address title issues unique to Poland, and will help simplify, quicken and standardize real estate transactions throughout the country.

"The availability of title insurance will foster new and significant real estate activity in Poland by developers, purchasers and lenders," the company said. "Given our tract-record of successfully introducing title insurance in numerous countries including Canada, Australia, the United Kingdom and most recently Turkey, we have every expectation that we can deliver the benefits of this essential form of property protection to Poland's real estate community."

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