What is Title Insurance

Boat and Vessel Title Insurance

2011-01-22T16:32:00.000-08:00

Just as real estate titles are subject to record errors, preexisting liens and other encumbrances, vessel and boat titles may have hidden problems which can pose a liability to new vessel owners. The best way for buyers of watercraft vessels, yachts and boats to protect themselves from these liabilities is to purchase title insurance. Agencies which provide this kind of insurance perform thorough

Pennsylvania Title Insurance - 2

2011-01-22T16:31:00.000-08:00

Are you interested in buying a property? If you are going for real property then there are certain things that you need to keep in mind. One of the things that you might require is the title insurance.This kind of insurance is very much popular in the United States. This will provide you insurance against any kind of loss that you might face because of the defects in the title of the real

Purchasing Aircraft Title Insurance

2011-01-22T16:30:00.000-08:00

Why do aircrafts need title insurance?Like land titles, aircraft titles are subject to record errors, unresolved liens and even fraud. There are a large number of reasons an aircraft's title may be rendered unenforceable, placing the owner at risk of property loss or being sued for previously existing liens or unpaid taxes. As the first step in acquiring title insurance, insurance companies will

Choose The Right Title Insurance Company

2011-01-22T16:29:00.000-08:00

Are you searching for a good title insurance company, but are not sure how to determine when one has been found? Then you need to know the tasks that need to be completed before you will be able to ensure that the right company is being chosen.There are many tasks that are smart for anyone to do before choosing any company. Not doing these tasks will ensure that the wrong company is chosen, so be

Title insurance continuing education nebraska

2010-07-21T08:38:00.000-07:00

Title insurance continuing education nebraskaTake your title insurance continuing education course online! In the state of Nebraska, all licensed title insurance agents and escrow officers must take continuing education courses to keep an active license. As a title/escrow professional, managing your time is essential; taking your continuing education courses online gives you the flexibility

Chicago Title Insurance Company. Maryland Title Insurance Companies

2010-07-21T08:30:00.000-07:00

Chicago Title and Trust Co. dates back 160 years through the succession of several firms and corporations that were engaged in the abstract and title business in Cook County, Illinois. It is our goal to be the market leader in providing the highest level of customer satisfaction from products and services designed for the real estate industry. We will achieve this goal through the relentless

Title insurance jobs in Phoenix Arizona: Arizona Title Insurance Companies

2010-07-21T08:27:00.000-07:00

Locate the top rated title insurance companies in Arizona. Get a free online quote to compare AZ title companies and find the competitive Arizona mortgage rates.Name: Old RepublicCompany Type: Title CompaniesStreet Address: 4040 E Camelback Rd 170City: PhoenixState: ArizonaZip: 85018Phone: (602) 840-9220Name: Old RepublicCompany Type: Title CompaniesStreet Address: 4040 E Camelback Rd 170City:

Mercury group and title insurance: Mercury Insurance Group, Title Sponsor of Mercury Insurance Open ...

2010-07-21T08:10:00.000-07:00

Contest also offers chances to win a weekend at La Costa Resort and Spa and VIP packages to Mercury Insurance OpenMercury Insurance Group, one of California's leading automobile insurance companies and title sponsor of The Mercury Insurance Open Presented by Tri-City Medical Center, is giving away a trip for two to the 2010 US Open in New York.The prize package includes roundtrip airfare from Los

Title Insurance Exposed! An Open Letter to the Title Insurance Industry

2010-04-10T15:58:00.000-07:00

Posted by Pat Kitano at 10/29/2006 10:46 AMIn its upcoming issue, Forbes publishes an exposé on the title insurance industry's outlandish margins that seem so obvious to anyone associated with real estate. It's an "On The Cover" story and the first impact article I've seen about the industry from a major business magazine.I've been making waves about the title insurance industry for the past

2010 U.s. Direct Title Insurance Industry Report-Aarkstore Enterprise

2010-04-10T15:56:00.000-07:00

The U.S. Direct Title Insurance Industry report, published annually by contains timely and accurate industry statistics, forecasts and demographics. The report features 2010 current and 2011 forecast estimates on the size of the industry (sales, establishments, employment) nationally and for all 50 U.S. States and over 900 metro areas. New to the report this year are:

CHICAGO TITLE INSURANCE COMPANY v. MARY

2010-01-07T12:26:00.000-08:00

CHICAGO TITLE INSURANCE COMPANY F/U/O U.S. BANK NATIONAL ASSOCIATIONv.MARY B.No. 2219, September Term, 2008.Court of Special Appeals of Maryland.Filed: January 4, 2010.Eyler, Deborah S., Wright, Graeff, JJ.Opinion by EYLER, DEBORAH S., J.Charles Lee Petr owns and once lived in a house located at 116 Kinship Road, in the Dundalk area of Baltimore County ("the Property"). He now is a ward of the

TITLE INSURANCE IN THAILAND AND OTHER ASIAN DESTINATIONS

2009-09-27T15:06:00.000-07:00

SummaryUp until recent times, the concept of private or individual land ownership was practically unheard of. In the ‘Middle Ages’ it was only the kings, Lords and the privileged few that were able to proclaim ownership to lands that had been conquered.AnalysisLand, unlike personal possessions that can become obsolete, and lose their value, is immobile, and by comparison, indestructible;

Ten Things You Should Know about Title Insurance

2009-08-26T11:48:00.000-07:00

1. You have the right to choose your title company. In an industry contaminated by affiliated business arrangements, kickbacks and other referral incentives, the Internet returns the power to the people. Don't let your mortgage lender or real estate agent steer you toward their preferred title company without doing your homework first. You could save thousands of dollars – yes, thousands – by

Title insurance is a wise choice with troubled builder

2009-08-03T10:35:00.000-07:00

Q. My husband and I are buying a repossessed, foreclosed house from a bank. It is a new house, and we know for a fact that many of the people who worked on it or supplied vinyl, etc., have not been paid by the builder and no one knows where he is now.We are closing on the house this week, paying all cash.The man who put a very expensive retaining wall on the property told us he was coming after

L and E announces new title insurance provider

2009-08-03T10:34:00.000-07:00

London & European has signed a deal with Hannover Re subsidiary Inter Hannover for the firm to be the exclusive provider of L&E’s title insurance.Inter Hannover will underwrite L&E’s title insurance business as part of a four-year rolling contract.Nick Parr, managing director of Inter Hannover, says: “Our strategy is always to look for lines of business outside the mainstream where we feel there

A.M. Best Withdraws Ratings of Old Republic General Title Insurance Corporation Due to Merger

2009-07-17T11:34:00.000-07:00

A.M. Best Co. has withdrawn the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a+” and assigned an NR-5 (Not Formally Followed) to the FSR and an “nr” to the ICR of Old Republic General Title Insurance Corporation (Old Republic General), a former affiliate of Old Republic National Title Insurance Company (ORNTIC) (Minneapolis

New Mexico Superintendent of Insurance Rules New Mexico Title Insurance Rates to Increase 10.7 Percent Effective

2009-07-06T14:07:00.000-07:00

HOUSTON, Jul 01, 2009 (BUSINESS WIRE) -- The New Mexico Superintendent of Insurance announced June 30, 2009, that effective August 1, 2009, real estate title insurance premiums would rise by 10.7 percent overall. Additionally, the remittance rates from title agencies to underwriters increased from 19 percent to 20 percent for residential properties. A new rate

Protecting your interests. The basics of title insurance

2009-06-20T07:56:00.000-07:00

If you’re planning to buy a home, the topic of title insurance will likely surface in one of the many discussions you’ll have with your Realtor or seller. Like most types of insurance, title insurance is better to have and not need, than need and not have. But what is it, why do you need it, and how does it work?What is title insurance?Essentially, title insurance is a specialized insurance

Title insurance has value

2009-06-20T07:55:00.000-07:00

Fraudulent activity has escalated from cheque-writing scams to identity theft to actually stealing your home right out from under you.What many homeowners don't realize is that title insurance could prevent or assist in correcting fraudulent activity.For a one-time fee (that in many cases works out to less than the annual premium for an average homeowner's insurance policy), title insurance

A Very Strange Divergence in Title Insurance

2009-06-20T07:54:00.000-07:00

This is one of the few times I'd like to have ready access to analyst reports. I am completely boggled by the massive divergence among the two title insurance companies we own. While both faltered badly once interest rates started to rise (hurting mortgage applications and by transitive theory, titles), First American (FAF) has fought back to its 200 day moving average while Fidelity National

AAA Insurance Named as Title Rights Sponsor of The NASCAR Camping World Truck Series Race at O’Reilly Raceway Park

2009-06-12T15:51:00.000-07:00

O’Reilly Raceway Park and AAA Insurance officials announced today that AAA Insurance has been named as the title rights sponsor of the NASCAR Camping World Truck Series race at O’Reilly Raceway Park. The official race title will now be the AAA Insurance 200. Length of the contract will be for two years.The race will take place on July 24th and is one night of racing that will take place during

Woman sentenced for draining $1.3 million from E. Providence title-insurance firm

2009-05-18T10:51:00.000-07:00

By W. Zachary MalinowskiJournal Staff Writer An emotionally charged Angela Raposo stood before the court Friday and blamed her addiction to painkillers for her felonious ways. Raposo, in loud halting sobs, told U.S. District Court Judge William E. Smith that dependence on drugs was responsible for her looting more than $1.3 million from company accounts at her title-insurance firm in East

Wayne County proposes title insurance firm to offer competition

2009-05-13T15:23:00.000-07:00

Wayne County Register of Deeds Bernard Youngblood said Tuesday that homebuyers need a break from what he called overpriced title insurance -- and he thinks he's found a way to give it to them. Appearing before the Wayne County Commission's Government Operations Committee Tuesday, Youngblood proposed that the county create its own government-run title insurance firm to compete with private title

Complex title saga still plagues lot in east Aspen

2009-04-14T10:04:00.000-07:00

More than three years after purchasing a lot in Aspen’s east end, Nina Zale decided to vent her frustrations over not being able to build on it with a banner reading, “Please let us build our home!”The banner is prominently mounted on the lot’s original retaining wall, made of railroad ties and stone, on the back of Nina and her husband Milton’s 6,000-square-foot-lot on the south end of Park

Old Republic's Title Insurance Subsidiary Expands Reinsurance Assumed Relationship With Attorneys' Title Insurance Fund, Inc.

2009-03-30T11:17:00.000-07:00

Old Republic International Corporation (NYSE: ORI), today, Old Republic National Title Insurance Company (Old Republic) and Attorneys' Title Insurance Fund, Inc., (The Fund) announced an amendment of their long-standing Reinsurance Agreement. The Agreement provides for the issuance of an Old Republic Reinsurance Assumption Certificate to be issued automatically with all Fund policies issued on or

Cybersoft Selects Technology Partner for Title Insurance Outsourcing Market

2009-03-20T10:52:00.000-07:00

SAN FRANCISCO, March 18, 2009 /PRNewswire via COMTEX/ ----Cybersoft, Inc., an established Business Process Outsourcing ("BPO") provider to many strategic industries, announced today that it has selected CentRealTech, Inc. as its technology partner to provide Cybersoft with a significant advantage in their Best Shore Methodology for outsourcing to the Title Insurance Industry. Cybersoft is using

Advantage Title Launches While Also Unveiling Industry-Best Online Resource for Title Insurance and Escrow Services

2009-03-17T10:56:00.000-07:00

New Title Insurance Company, Employing Title365™, Delivers Industry-Changing Combination of Centralized Product Fulfillment, Faster Turnaround of Title, Escrow, and Default Services, and Tomorrow’s Technology Today IRVINE, Calif.--(BUSINESS WIRE)--Founded by a group of leading settlement service veterans and technology innovators, Advantage Title, the most technologically

Free: Real Estate & Title Insurance Trends

2009-03-15T11:03:00.000-07:00

Distressed Owner Transactions: Common QuestionsThomas A. Glatthaar, senior vice president and senior underwriting counsel with Fidelity National Title Insurance Company, writes that for a while there it seemed like the real estate market in the New York metropolitan area was going to fly high forever, but it teetered with the economy in the early to middle parts of 2008, and then slid

“Outside sales" exemption applies to title insurance promotional work

2009-03-05T13:48:00.000-08:00

A marketing executive, whose promotional work was credited with the sale of title insurance to clients, was an exempt employee under the Fair Labor Standard Act’s (FLSA) "outside sales" exemption and, therefore, not entitled to overtime compensation, the Eleventh Circuit ruled in affirming a decision by a federal district court in Florida. The plaintiff was hired by the insurance company as a

First American Title Insurance Company

2009-01-26T15:48:00.000-08:00

First American Title Insurance Company, the largest title insurance company in the United States, is alleged in a Michigan lawsuit to be responsible for millions of dollars in losses sustained by Michigan businessman Isaiah Shafir. In a motion filed today in Oakland County Circuit Court, before the Hon. Wendy Potts, Mr. Shafir alleges that First American's agents participated in a fraudulent real

Stetson’s Wilson named Attorney’s Title Insurance Fund Professor

2009-01-26T15:47:00.000-08:00

Darryl C. Wilson, professor and co-director of the Institute for Caribbean Law and Policy at Stetson University of Law, has been named the Attorney’s Title Insurance Fund Professor of Law. The three-year appointment begins in August, a release said. The appointment allows for further integration of the academic aspects of property with practical issues addressed by the Fund, Wilson said in a

Home property title insurance

2009-01-15T15:53:00.000-08:00

Home property title insurance usually is required by the lender to protect the lender against loss resulting from claims by others. In some states, attorneys offer homeowner property title insurance as part of their services in examining and providing a title opinion. The attorney's fee may include the premium. In other states, a company or agent directly provides the title insurance. New house

Opting Out of Title Insurance

2009-01-15T15:51:00.000-08:00

When attorney Mark Rutzick sold his home in Fairfax, Va., and bought a new one in nearby Oakton, he made what many might consider a risky move: He turned down title insurance. While lenders require borrowers to pay for the insurance that protects loans against unexpected liens and other claims, owners often have more leeway when it comes to insuring their own home equity.Since Rutzick's new home

Choose title insurance firm carefully

2009-01-12T15:52:00.000-08:00

Defendants in fence dispute feel abandoned.It's important for buyers to have survey.A court case wending its way through the judicial system underlines just how important it is for homebuyers to have a current survey and to choose a title insurance company very carefully.In November, 1998, Susan and David purchased their house at an address, which I will call 2 Auckland Ave., Toronto.Next door to

Questions about Titile insurance. What Is Title Insurance?

2009-01-12T15:50:00.000-08:00

What Is Title Insurance?Title insurance is protection against loss arising from problems connected to the title to your property. Before you purchased your home, it may have gone through several ownership changes, and the land on which it stands went through many more. There may be a weak link at any point in that chain that could emerge to cause trouble. For example, someone along the way may

Watch Out For "Junk" Mortgage Fees

2009-01-10T13:52:00.000-08:00

For most people, buying real estate is an uncommon occurrence. Engaging in real estate transactions just once or twice in a lifetime provides little opportunity to become intimately familiar with the process. There are mountains of paperwork to sign, a confusing new vocabulary to deal with, and a host of fast-talking sales people - from real estate agents to mortgage brokers - who smile, point

Technical Trade Alerts on Surety & Title Insurance Stocks: PMI, ABK, RDN, MBI, ORI, FAF

2009-01-10T13:49:00.000-08:00

Beacon Equity Research announces the release of Trade Alerts covering surety & title insurance stocks: HCP Inc. (NYSE: HCP), Ventas Inc. (NYSE: VTR), Health Care REIT Inc. (NYSE: HCN), Healthcare Realty Trust Inc. (NYSE: HR), Nationwide Health Properties Inc. (NYSE: NHP) and Omega Healthcare Investors Inc. (NYSE: OHI). In the Trade Alert, the author highlights PMI's announcement that Standard &

ALPHA-OMEGA BUYS OUT FLORIDA TITLE INSURANCE

2009-01-02T11:07:00.000-08:00

Fewer real estate closings and a continuing credit squeeze has prompted Alpha-Omega Title Insurance Co. to purchase full control of Florida Title Insurance Agency LLC. “We want people to know that Florida Title Insurance Agency didn’t just disappear, and that Alpha-Omega Title is serving the former clients of Florida Title,” said Byron “Gibbs” Wilson Jr., founder and president of Alpha-Omega

FIRM SELLS TITLE INSURANCE DIRECTLY TO CONSUMERS.

2009-01-02T11:04:00.000-08:00

An Ohio-based company now markets and sells title insurance directly to consumers.Entitle Insurance Co. is using its digital platform, Entitle Direct, to educate and empower consumers to monitor their home closings and save on their title insurance.Typically, title insurance companies and their agents work directly with Realtors, attorneys or lenders, who order the title search and title

Orlando-based title-insurance company has tips for buying short-sale properties

2008-11-18T15:54:00.000-08:00

Jerry W. Jackson |Sentinel Staff Writer Charles J. Kovaleski, president of Orlando-based Attorneys' Title Insurance Fund Inc., has some advice for people interested in trying their luck at buying a home that's headed for foreclosure through a technique called a "short

Title Insurance Company Comes to The Aid of Consumers By Cutting Rates 35 procent

2008-10-25T13:37:00.000-07:00

Consumers Can Now Purchase Title Insurance Directly at ENTITLEDIRECT.com Saving 35 Percent While Monitoring Their Real Estate Closing ProcessWithin the last year, credit has tightened and mortgage rates have increased. Consumers buying a home or refinancing are trying to figure out new ways to save money. Even though title insurance is only one part of the real estate closing process, its cost is

Direct to Borrowers - Title Insurance for Sale Online

2008-10-11T13:42:00.000-07:00

In the midst of the worst financial crisis since the 1930s, one that originated in the home mortgage market, it is nice to be able to report some good news. EnTitle Direct Insurance is now selling title insurance directly to borrowers online, with premiums that it claims undercut existing insurers by about 35 percent. EDI also offers borrowers a free way to avoid what to many is the worst part

There Has Been A Lot Of Talk These Days About Title Insurance Policies In Jamaica.

2008-09-24T13:05:00.000-07:00

While This Concept Is New To Jamaica It Is Standard In Most States Of The United States Of America, Where Title Insurance Policies Are Taken Out Against Financial Loss From Defects In Title To Real Property And From The Invalidity Or Unenforceability Of Mortgage Liens.As I understand it, there is a very good reason why title insurance is standard in many states. Most states have a system of

LandAmerica to Conduct New Jersey Title Insurance Operations Under LandAmerica Brand Name

2008-09-24T13:03:00.000-07:00

LandAmerica Financial Group, Inc. (LFG:LFGNews, chart, profile, moreLast: Delayed quote dataAdd to portfolioAnalyst Create alertInsiderDiscussFinancials Sponsored by:LFG, , ) announces that it is now doing business in New Jersey as LandAmerica NJ Title Insurance Company. The change became effective on September 15, 2008.

Donegal to acquire stock of Conestoga Title Insurance

2008-09-02T11:43:00.000-07:00

A subsidiary of Donegal Mutual Insurance Co. will acquire from Lancaster-based Conestoga Financial Corp. the outstanding capital stock of Conestoga Title Insurance Co. and its affiliates that provide title-insurance services.The state commissioner of insurance and the shareholders of Conestoga Financial have approved the acquisition. The transaction is scheduled to close Wednesday. Terms of the

Title firm ready to do battle

2008-08-24T12:50:00.000-07:00

CHICAGO - It could be the tip of an iceberg.Ticor Title, one of the largest title insurance firms in the country, is suing Countrywide Home Loans, the nation's largest home lender, saying it shouldn't have to pay out on a title policy because of Countrywide's gross negligence.The suit, filed last month in Cook County Chancery Court, concerns just one Chicago mortgage made by Countrywide in 2007,

Title agencies merge

2008-08-17T16:07:00.000-07:00

GREENE Albany-based New York Bankers Title Agency East LLC and Binghamton-based NBT Settlement Services LLC formed a strategic alliance and merged July 31, the companies announced.The new agency is called Land Record Services LLC, headquartered at 116 Everett Road in Albany. The business also will operate from branches in Greene and Friendsville, Pa.Title insurance will continue to be

Title firm ready to do battle

2008-08-17T16:04:00.000-07:00

By Susan Chandler |Chicago Tribune reporterIt could be the tip of an iceberg.Ticor Title, one of the largest title insurance firms in the country, is suing Countrywide Home Loans, the nation's largest home lender, saying it shouldn't have to pay out on a title policy because of Countrywide's gross negligence.The suit, filed last month in Cook County Chancery Court, concerns just one Chicago

Insurance commissioner monitoring Mercury Cos. deal

2008-08-11T13:25:00.000-07:00

The Colorado Division of Insurance is monitoring the sale of Mercury Cos.’ Colorado businesses to ensure that consumers are protected, state officials said Friday. On Aug. 5, Denver-based Mercury Cos. announced that it had sold four local title insurance agencies — Security Title Guaranty Co., United Title Co., First American Heritage Title and Title America Inc. — to Fidelity National Title

Real Estate and Credit Woes Take Toll on Title Insurers: Report

2008-08-11T13:21:00.000-07:00

In some ways, the title insurance business isn’t really all that complex. Revenues depend primarily on just two inter-related factors: the level of house prices, and the demand for housing. And, of course, both are suffering in one of the worst housing corrections in U.S. history thus far — lower prices and shrinking demand have helped push transaction volumes down dramatically for anyone in the

A.M. Best Special Report: Real Estate and Credit Woes Take Toll on Title Insurers

2008-08-11T13:19:00.000-07:00

Title insurance revenues depend on both the level of house prices and the demand for housing. Thus, the ongoing slowdown in real estate activity combined with tightening mortgage market conditions and the worsening U.S. economy have been a significant drag on the title industry's revenues. The ability of title insurers to control expenses in a declining revenue

Law tries to limit ties between agents and financial service providers

2008-08-03T16:09:00.000-07:00

By Tom Kelly Real estate agents are clearly the most influential people in every real estate transaction, and their power is not reserved for buyers and sellers. It extends to all professionals involved.That position of influence becomes magnified in a slower housing market. Everybody is desperate for deals. And, while real estate agents typically offer beneficial referrals, consumers

Financial Title closes its 57 offices

2008-08-03T16:07:00.000-07:00

Financial Title of Citrus Heights has closed all 57 of its California offices, including some in the Bay Area. But a state official said its customers will continue to have their titles processed by the company's insurer and shouldn't be greatly inconvenienced. First Title and its insurer - First American Title Insurance - notified the California Department of Insurance of the closings Wednesday

What Is Title Insurance For And Why Is It Important To Have It

2008-07-30T15:20:00.000-07:00

Purchasing a home can already be a stressful and confusing process especially when it comes to understanding all the different closing costs associated with it. When you buy a home or you refinance your mortgage you will be required to buy title insurance before the closing on the new mortgage. The title insurance is there to protect the mortgage lenders from any third party claims on the

Ratings Recap: Am. Merchants, LandAmerica, RSUI Indemnity

2008-07-29T13:24:00.000-07:00

Standard & Poor's Ratings Services has withdrawn its 'Api' (public information) financial strength rating on American Merchants Casualty Co. - a sister company to Endurance Specialty Insurance Ltd., Endurance American Specialty Insurance Co., Endurance Reinsurance Corp. of America, and Endurance Worldwide Insurance Ltd., all of which have 'A' financial strength ratings. "The withdrawal eliminates

Americas Watchdog Expands Its U.S. Investigation of Title Insurance Companies/Home Builders

2008-07-29T13:22:00.000-07:00

Americas Watchdog and its National Mortgage Complaint Center are expanding their national investigation of title insurance companies over billing U.S. homeowners. The focus on this investigation will be national or regional U.S. home builders setting up phony title insurance companies and actual title insurance companies charging junk mortgage fees

Executive Title Insurance Services, Inc. Changes Name to Stewart Title

2008-07-26T14:33:00.000-07:00

FORT MEYERS, Fla., Jul 25, 2008 (BUSINESS WIRE) ----With 11 locations, Executive Title Insurance Services, Inc. has served the title industry needs of southwest Florida for the past 27 years. Today Executive Title announced the change of their name to Stewart Title, the parent company who has owned the company for eight years. Stewart is an international company with more than a century of

Fidelity National Financial starts title insurance business in Mexico

2008-07-24T06:26:00.000-07:00

Fidelity National Financial, a provider of title insurance, specialty insurance, claims management services and information services, has opened its title insurance operation in Mexico, which is named Fidelity National Title de Mexico.Juan Arroyuelo has been appointed vice president and general manager and Gerardo Martinez has been named as a vice president and CFO of Fidelity National Title de

Insurance for Art Collectors Covers Ownership Disputes

2008-07-12T16:15:00.000-07:00

By KATE TAYLORhttp://www.nysun.com/arts/insurance-for-art-collectors-covers-ownership/81553/ It's a collector's nightmare: (Heuichul Kim)">Heuichul KimSALESMAN Gifford Miller sells art title insurance through a company he formed called Liberty Art Title. You buy a valuable painting from a reputable dealer and hang it on your wall. Years later, you learn that the painting was once stolen,

Title insurance not a necessity for homeowners

2008-07-12T16:13:00.000-07:00

We're deeply concerned that The Vancouver Sun's view, expressed in the June 25 editorial, Rising real estate fraud makes title insurance essential, is causing unnecessary panic among B.C. homeowners.The Land Title and Survey Authority reported that over the past 18 years it processed 15 million transactions. In that time, two claims related to land ownership fraud were resolved and only 14 claims

God Bless America And Title Insurance

2008-06-15T13:27:00.000-07:00

The easy part is God Bless America. Each time I hear that phrase I think of my experience of going into East Berlin through barricaded "Checkpoint Charley". We were on a tour setup by our hotel manager. The Communists wanted to show some Americans how they had built up parts of East Berlin. As we entered the communist side our bus was boarded by the military. They took our passports and wallets

Diamond to manage state title insurance offices

2008-05-31T12:39:00.000-07:00

Richard Diamond of Brookline has been promoted to Massachusetts manager of First American Title Insurance Company. He will oversee the day-to-day operations of First American’s state offices, which provide services to attorney agents, lenders and real estate brokers in the commonwealth. Diamond joined First American in 1988. He has held numerous positions, most recently as vice president and

Making Sure Your Art Is Yours

2008-05-28T13:45:00.000-07:00

For collectors, buying title insurance can offer peace of mind or a full settlement if it turns out their artwork has a murky pastby Tatyana Gershkovich On May 8 the champagne was flowing at the Manhattan galleries of Bonham's auction house in anticipation of the upcoming spring sales. The mood was confident, as both buyers and sellers anticipated a successful season. While many of the guests

Ask the mortgage specialist: What the heck is title insurance?

2008-05-27T12:12:00.000-07:00

By Kristin Abouelata, STYLE Home Loan Specialist.Just what exactly is title insurance? It's on your list of mortgage charges, but why do you really have to have it? So, you're sitting across from your mortgage lender going over all the charges for your mortgage. It seems like there are countless charges for this (document preparation) and that (MERS assignment fee - what the heck is MERS again?)

LandAmerica Announces the Opening of the LandAmerica Title Insurance Company of Mexico, S.A.

2008-05-24T12:35:00.000-07:00

LandAmerica Financial Group, Inc. (NYSE: LFG: 30.69, -0.32, -1.03%) announces its LandAmerica Title Insurance Company of Mexico, S.A. ("LATIM") subsidiary has received licensing approval from the Mexican government to operate as a title insurance underwriter in Mexico. LATIM is headquartered in the central Mexican city of San Miguel de Allende with a satellite office in North Baja.

Title Insurance in Jamaica can liberate 'Dead Capital'

2008-05-16T11:54:00.000-07:00

KINGSTON, Jamaica - The introduction of Title Insurance in the Jamaican market opens up the possibility of developing hundreds of thousands of parcels of land which are now effectively ‘dead capital’, says Earl Jarrett, general manager of Jamaica National Building Society (JNBS).Just over half of the more than 700,000 parcels of land in Jamaica have government registered titles, he said at the

Titile insurance protects against hidden title hazards that may threaten your financial investment in your home

2008-05-10T15:05:00.000-07:00

A home is usually your largest single investment. When you purchase a home, you purchase homeowner’s or hazard insurance to protect against loss from fire, theft or wind damage.Title insurance protects against hidden title hazards that may threaten your financial investment in your home. You see, when purchasing a home, you are really purchasing the title to the property – the right to occupy and

Informing clients about premium title insurance such as the Homeowner's Policy makes good business sense

2008-05-10T15:01:00.000-07:00

Providing the Best to REALTORS® The superior coverage of the Homeowner's Policy of Title Insurance, backed by the nation's best title insurer, provides outstanding benefits to REALTORS® as well. Here's how: Reduces the REALTORS® exposure in a transaction regarding certain regulatory matters. Increases the client's satisfaction and confidence by

Questions About Title Insurance

2008-05-07T13:01:00.001-07:00

Questions About Title Insurance What Is Title Insurance? Title insurance is protection against loss arising from problems connected to the title to your property.Before you purchased your home, it may have gone through several ownership changes, and the land on which it stands went through many more. There may be a weak link at any point in that chain that could emerge to cause trouble. For

Seventy Reasons to Get Title Insurance

2008-05-07T12:44:00.000-07:00

You don't want problems from prior ownerships to interfere with your rights to your property. And you don't want to pay the potentially ruinous cost of defending your property rights in court. A title insurance policy is your best protection against potential title defects, which can remain hidden despite the most thorough search of public records and the most careful escrow or

Title insurance calculation Maryland

2008-05-07T12:39:00.000-07:00

InsuranceDirect Title & Closing Agency Title Insurance Company;Your source for Title searches, Real estate title insurance, mortgage title insurance, owner policy title insurance, land title searches, New Jersey title insurance and New Jersey real estate lawyers Pa title insurancetitle agency, real estate closing, title insurance, title insurance company, real estate title

Homeowner'S Policy Of Title Insurance

2008-03-30T14:55:00.000-07:00

21 Reasons For Title Insurance

2008-03-30T14:54:00.000-07:00

Buying Property Is A Numbers Business A fire destroys only the house and improvements. The ground is left. A defective title may take away not the only the house but also the land on which it stands. Title insurance protects you (as specified in the policy) against such loss. A deed or mortgage in the chain of title may be a forgery. A deed or a mortgage may have been signed by a

Common Ways To Hold Title

2008-03-30T14:53:00.000-07:00

HOW YOU TAKE TITLE - ADVANTAGES AND LIMITATIONS: Title to real property in California may be held by individuals, either in Sole Ownership or in Co-Ownership. Co-Ownership of real property occurs when title is held by two or more persons. There are several variations as to how title may be held in each type of ownership. The following brief

Steps In The Title Process

2008-03-30T14:52:00.000-07:00

Initial Request for Title Insurance An order for title insurance is opened with a title officer who produces the initial response promptly within 24 to 48 hours. A preliminary report can be issued with the minimum of information; without even identifying the buyer or the terms of the sale. It shows the record title as it presently exists and is

Why Do You Need Title Insurance?

2008-03-05T13:31:00.000-08:00

To protect possibly the most important investment you'll ever make - the investment in your home. With a title insurance policy, you as owner, have an indemnity contract that will reimburse you for loss in the event someone asserts a claim against your property that is covered by the policy. How can there be a title

First American Title Insurance

2008-02-20T13:52:00.000-08:00

First American Title InsuranceFirst American is one of the nation's leading, most experienced providers of title insurance, and number one in global title operations. This segment's businesses utilize information to protect real property buyers and lenders from problems that might affect title ownership. Through nearly 1,200 offices and thousands of agents in the United States and abroad, the

What is Title Insurance & Why Do I Need It?

2008-02-18T13:58:00.000-08:00

Home-ownership is an integral part of the American dream, yet like anything else, purchasing a home comes with certain risks. Homeowner’s insurance and flood insurance help protect you from loss or damage due to theft, fire, or acts of nature.But what if your ownership itself was challenged? Title insurance protects property owners or others with a financial interest (such as a mortgage lender)

US title insurance

2008-02-12T13:28:00.000-08:00

Title insurance firms are under the spotlight in the United States.There's allegations that the industry colluded illegally and paid kickbacks to brokers or agents, in a bid to get business.In particular, four title firms in New York are under scrutiny for concealing improper costs underlying their rate request.It comes as the industry faces tougher scrutiny in the wake of the sub prime mortgage

Title Insurance Price Fixing, Other Fraud Costs Consumers Millions

2008-02-12T13:26:00.000-08:00

Title insurance fraud became a growing problem during the housing boom, and now that the housing bubble has burst, the business practices of title insurance companies have come under increased scrutiny. Earlier this month, a title insurance fraud lawsuit was filed New York State, alleging that title insurers engaged in price fixing and kickback schemes in an attempt to enrich themselves. Title

Company offers online title insurance

2008-02-01T11:15:00.000-08:00

A New Jersey company is breaking with tradition by offering title insurance and mortgage closing services online, it was announced Friday.MyClosingSPACE.com is offering its services first to New Yorkers, Insurance Networking News said.Title insurance is required by mortgage lenders to protect sale of property from "defects," which is the term used to describe a mistake made by a title search

State should reconsider title insurance reform

2008-01-28T12:01:00.000-08:00

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Title Insurance Not on Agenda

2008-01-26T13:38:00.000-08:00

By BARRY MASSEY Associated Press Writer SANTA FE — Gov. Bill Richardson has turned down requests from state regulators, the attorney general and others to have the Legislature consider reforms of the title insurance industry, which contributed to Richardson's presidential campaign. Advocates say legislation is needed to bring price competition to the title insurance system, which could

CHL - ups title insurance usage

2008-01-23T15:38:00.000-08:00

CHL Commercial has increased its use of title insurance for commercial remortgages. Effective immediately, CHL will increase title insurance on loans from £500,000 up to a new maximum of £750,000.Title insurance protects both lender and borrower from any problems that may arise with the ownership or the legal title of the property.“By increasing our use of title insurance on commercial

Governor Won'T Place Title-insurance On Legislature'S Agenda

2008-01-21T12:16:00.001-08:00

Governor Richardson has turned down requests to have the Legislature consider reforms of the title insurance industry. Advocates say legislation is needed to bring price competition to the title insurance system, which could lower closing costs for home buyers. State regulators, the attorney general and others had requested the issue be heard, but Richardson says it won't be on the agenda for the

“Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense”

2008-01-19T11:37:00.000-08:00

Pulitzer Prize-winning journalist David Cay Johnston joins us to talk about his new book, “Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (And Stick You with the Bill).” Johnston reveals how government subsidies and new regulations have quietly funneled money from the poor and the middle class to the rich and politically connected.Guest: David Cay Johnston,

Commonwealth Land Title Insurance Co., Lawyers Title Insurance Corp. and Transnation Title Insurance Co.

2008-01-17T09:57:00.000-08:00

Insurance department settles with title underwriters for $3.5Mby Kelly Johnson, www.bizjournals.com The California Department of Insurance reached a $3.5 million settlement with three title underwriters within LandAmerica Financial Corporation Group Inc. over unfair rating practices.From the settlement with the Virginia corporation, $2 million will be refunded to consumers, department officials

First American Title Insurance Company

2008-01-16T12:55:00.000-08:00

FERNLEY--First American Title Insurance Company is seeking "new, young, old and in-between Fernley and Wadsworth artists," to display their work in the upcoming year.Since the title company moved an office to the Fernley area, each month an artist has been displayed in the business, through the company's Fernley Artist on Display series.Artwork ranged from watercolor, oil to photography and

Attorney general wants to cut title insurance rates

2008-01-16T12:52:00.000-08:00

SANTA FE — Attorney General Gary King has asked the state insurance superintendent to reduce title insurance rates by more than 11 percent, saying insurance companies have no incentive to compete on prices charged to customers. According to 2007 information from BankRate.com, New Mexico has the 15th most expensive title insurance rates. The average New Mexico policy costs $755.27; the national

Title Insurance Is A Cover That Protects A Potential Owner Of A Property Against Loss From Defects In Title

2008-01-13T09:55:00.000-08:00

Property title insurance in the offingBajaj Allianz, ICICI Lombard in talks with American company to launch the product.Property transactions in India will soon have an insurance cover to fall back in case something goes wrong in the deal. The country?s two large private sector insurers, ICICI Lombard General Insurance and Bajaj Allianz General, are planning to launch title insurance covers this

First American Title Insurance Company Announced Today The Retirement Of James M. Orphanides

2008-01-11T13:55:00.000-08:00

First American Title Insurance Company announced today the retirement of James M. Orphanides as chairman, CEO and president of its subsidiary, First American Title Insurance Company of New York, effective December 31, 2007. Orphanides, who joined First American in 1992, will continue to work for the New York subsidiary under a consulting agreement and also will serve as the company's chairman

Chicago Title Insurance Tips

2008-01-09T11:22:00.000-08:00

keywords: chicago title insurance companyIf you plan to buy a Chicago property, the sooner you learn about title insurance, the better. For many first time Chicago real estate buyers, the first time they hear about title insurance at the closing of their Chicago property. This article presents the basics of title insurance for protecting your new Chicago real estate acquisition.What is Chicago

Title Insurance Agent In Pennsylvania

2008-01-09T11:19:00.000-08:00

Title Insurance Agent In Pennsylvania keywords: pennsylvania (PA) title insurancePLTA Presents Ronald Froggatt Award to PA Representative Glen Grell During a visit to Harrisburg last week, a delegation from the Pennsylvania Land Title Association (PLTA) presented the association’s Ronald Froggatt Award to Representative Glen Grell. Grell, who represents Pennsylvania’s 87th District (Cumberland

Title Insurance For Limited Liability Company Transactions

2008-01-09T11:07:00.000-08:00

Title Insurance Companyby John C. MurrayIntroductionThe principal purposes of limited liability company ('LLC") formation are to obtain favorable tax benefits, create and maintain contractual flexibility (including the freedom of members to contract among themselves with respect to financial aspects of the LLC and the management and standards governing the internal affairs of the LLC such as the

Bill Limits Title Insurance Sales

2007-12-25T12:53:00.000-08:00

A bill that requires licensure of individual title insurance agents and bars licensed insurance agents from selling title insurance was approved by the House Wednesday. A floor substitute for House Bill 3176, by Rep. Richard Phillips, R-Warr Acres, also prohibits abstractors and attorneys from acting as a title insurance agent unless licensed to do so. Phillips said insurance commissioner John

Consider Title Insurance For Yourself

2007-12-25T12:52:00.000-08:00

In terms of real estate, a title is the piece of paper that proves your house is really your house. It is your deed. That piece of paper is so important that before you get it the lender will insist on a title search. And just in case that search misses something, your lender will also insist that you buy title insurance to protect his or her investment. Even though it is not required, you

Condominium unit title insurance (page5)

2007-12-20T16:29:00.000-08:00

Examples of these documents include a declaration, by-laws, plats and maps. See JOYCE PALOMAR, TITLE INSURANCE LAW, 9.07 (1997). ' See ALTA Endorsement 4 (Condominium), Appendix A, infra p. 194. The ALTA Condominium Endorsement Form 4 was adopted in New York on September 1, 1993. 8 See ALTA Endorsement 4.1 (Condominium), Appendix B, infra p. 196. Form 4 and Form 4.1 are identical with two

Condominium unit title insurance (page4)

2007-12-20T16:27:00.002-08:00

The ALTA Condominium Endorsement Form 4.1 of October 17, 1992 goes even further than insuring priority by substituting a new paragraph four in place of the paragraph four in the ALTA Condominium Endorsement Form 4 as follows: "Any charges or assessments provided for in the condominium statutes and condominium documents due and unpaid at Date of Policy."27 This Form 4.1 language insures that

Condominium unit title insurance (page3)

2007-12-20T16:27:00.001-08:00

It should be noted that the insurance only deals with "present violations" as of the date of the policy. It is difficult to imagine how the violation of a restrictive covenant by the seller might result in loss or damage to the new purchaser or mortgagee. Paragraph four in ALTA Condominium Endorsement Form 4, although seemingly applicable to loan policy coverage only, can actually be used for

Condominium unit title insurance (page2)

2007-12-20T16:25:00.000-08:00

While paragraph one of the Condominium Endorsement deals with the unit not being part of a statutory condominium, paragraph two deals with the adverse effect on title to the unit if some of the required statutory documents do not comply with all of the statutory requirements. Usually, the basic statutory condominium documents are the declaration, by-laws, and plans. Many of the condominium