================================================================================




                       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: December 3, 1998
                        (Date of earliest event reported)



                        LANDAMERICA FINANCIAL GROUP, INC.
             (Exact Name of Registrant as Specified in its Charter)



          Virginia                       0-13990                 54-1589611
(State or Other Jurisdiction     (Commission File Number)       (IRS Employer
      of Incorporation)                                      Identification No.)

          101 Gateway Centre Parkway
                 Gateway One                             23235
              Richmond, Virginia                       (Zip Code)
   (Address of Principal Executive Offices)



               Registrant's telephone number, including area code:
                                 (804) 267-8000


                             6630 West Broad Street
                            Richmond, Virginia 23230
          (Former Name or Former Address, if Changed Since Last Report)




================================================================================

<PAGE>

Item 5.      Other Events.

         Commonwealth  Land Title  Insurance  Company  ("Commonwealth"), a title
insurance  underwriter and subsidiary of LandAmerica  Financial Group, Inc., and
four current or former employees of Commonwealth,  have been named as defendants
in a suit  filed on  November  3, 1998 by  Norwest  Mortgage  Inc.  and  Norwest
Funding, Inc. (together,  "Norwest") in the Superior Court for the County of Los
Angeles,  California  (Case  No.  VC028084).   Norwest  seeks  to  recover  from
defendants  claimed  losses in excess of $40 million plus  punitive  damages and
attorneys' fees. The complaint  alleges that Norwest suffered such losses as the
result of a  fraudulent  mortgage  loan scheme  related to loans  originated  by
Allstate Mortgage Company ("Allstate"), a California mortgage broker. It further
alleges  that  approximately  254  fraudulent  loans were  purchased  by Norwest
Funding,  Inc. in 1996 and 1997 under a 1994 Purchase  Agreement between Norwest
Funding and Allstate.  Norwest contends that Commonwealth issued title insurance
policies and performed certain related sub-escrow functions on a number of these
loans. Commonwealth did not close any of the transactions. The complaint asserts
that by virtue of their  alleged  knowledge  of  certain  information  and their
alleged  acts and  omissions  in the title  insurance  transactions,  certain of
Commonwealth's  employees  conspired  with and aided and  abetted  Allstate  and
others in defrauding  Norwest in the mortgage loan scheme. The complaint further
alleges that Commonwealth negligently misrepresented the genuineness of the loan
transactions  and the absence of facts adverse to Norwest and other  purchasers,
that   Commonwealth  and  the  individual   defendants  were  negligent  in  the
performance  of  Commonwealth's  sub-escrow  function and as a title insurer and
that Commonwealth breached an alleged fiduciary duty to Norwest.

         On November 5, 1998,  Commonwealth  was notified  that the Norwest suit
had been filed. As of the date of this report,  Commonwealth has not been served
with the suit but anticipates  that service will be effectuated  during the next
week.   Commonwealth  is  currently  investigating  the  facts  alleged  in  the
complaint.  No  assessment of the merits of the case has been made at this time.
Management is, therefore,  unable to make a meaningful estimate of the amount or
range of loss that could result from an  unfavorable  outcome or  determine  the
amount  of  any  potential   offsetting   recoveries   that  may  be  available.
Commonwealth  intends to vigorously  defend the suit and any attempt to shift to
it mortgage lending business risks or  responsibilities  outside of the scope of
the title insurance policy.



                                      -2-
<PAGE>

                                    SIGNATURE

         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.



Dated:  December 3, 1998              By: /s/ Russell W. Jordan, III      
                                          --------------------------------------
                                          Russell W. Jordan, III
                                          Senior Vice President, General Counsel
                                            and Secretary
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{"company-data": {"conformed-name": "LANDAMERICA FINANCIAL GROUP INC", "cik": "0000877355", "assigned-sic": "6361", "irs-number": "541589611", "state-of-incorporation": "VA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13990", "film-number": "98763657"}, "business-address": {"street1": "101 GATEWAY CENTRE PARKWAY", "street2": "GATEWAY ONE", "city": "RICHMOND", "state": "VA", "zip": "23235", "phone": "804-267-8000"}, "mail-address": {"street1": "PO BOX 27567", "street2": "PO BOX 27567", "city": "RICHMOND", "state": "VA", "zip": "23261"}, "former-company": {"former-conformed-name": "LAWYERS TITLE CORP", "date-changed": "19930328"}}
================================================================================

                       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: December 3, 1998
                        (Date of earliest event reported)

                        LANDAMERICA FINANCIAL GROUP, INC.
             (Exact Name of Registrant as Specified in its Charter)

          Virginia                       0-13990                 54-1589611
(State or Other Jurisdiction     (Commission File Number)       (IRS Employer
      of Incorporation)                                      Identification No.)

          101 Gateway Centre Parkway
                 Gateway One                             23235
              Richmond, Virginia                       (Zip Code)
   (Address of Principal Executive Offices)

               Registrant's telephone number, including area code:
                                 (804) 267-8000

                             6630 West Broad Street
                            Richmond, Virginia 23230
          (Former Name or Former Address, if Changed Since Last Report)

================================================================================
Item 5.      Other Events.

         Commonwealth  Land Title  Insurance  Company  ("Commonwealth"), a title
insurance  underwriter and subsidiary of LandAmerica  Financial Group, Inc., and
four current or former employees of Commonwealth,  have been named as defendants
in a suit  filed on  November  3, 1998 by  Norwest  Mortgage  Inc.  and  Norwest
Funding, Inc. (together,  "Norwest") in the Superior Court for the County of Los
Angeles,  California  (Case  No.  VC028084).   Norwest  seeks  to  recover  from
defendants  claimed  losses in excess of $40 million plus  punitive  damages and
attorneys' fees. The complaint  alleges that Norwest suffered such losses as the
result of a  fraudulent  mortgage  loan scheme  related to loans  originated  by
Allstate Mortgage Company ("Allstate"), a California mortgage broker. It further
alleges  that  approximately  254  fraudulent  loans were  purchased  by Norwest
Funding,  Inc. in 1996 and 1997 under a 1994 Purchase  Agreement between Norwest
Funding and Allstate.  Norwest contends that Commonwealth issued title insurance
policies and performed certain related sub-escrow functions on a number of these
loans. Commonwealth did not close any of the transactions. The complaint asserts
that by virtue of their  alleged  knowledge  of  certain  information  and their
alleged  acts and  omissions  in the title  insurance  transactions,  certain of
Commonwealth's  employees  conspired  with and aided and  abetted  Allstate  and
others in defrauding  Norwest in the mortgage loan scheme. The complaint further
alleges that Commonwealth negligently misrepresented the genuineness of the loan
transactions  and the absence of facts adverse to Norwest and other  purchasers,
that   Commonwealth  and  the  individual   defendants  were  negligent  in  the
performance  of  Commonwealth's  sub-escrow  function and as a title insurer and
that Commonwealth breached an alleged fiduciary duty to Norwest.

         On November 5, 1998,  Commonwealth  was notified  that the Norwest suit
had been filed. As of the date of this report,  Commonwealth has not been served
with the suit but anticipates  that service will be effectuated  during the next
week.   Commonwealth  is  currently  investigating  the  facts  alleged  in  the
complaint.  No  assessment of the merits of the case has been made at this time.
Management is, therefore,  unable to make a meaningful estimate of the amount or
range of loss that could result from an  unfavorable  outcome or  determine  the
amount  of  any  potential   offsetting   recoveries   that  may  be  available.
Commonwealth  intends to vigorously  defend the suit and any attempt to shift to
it mortgage lending business risks or  responsibilities  outside of the scope of
the title insurance policy.

                                      -2-
SIGNATURE

         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.

Dated:  December 3, 1998              By: /s/ Russell W. Jordan, III      
                                          --------------------------------------
                                          Russell W. Jordan, III
                                          Senior Vice President, General Counsel
                                            and Secretary