Industry News

Stewart Title Group and its parent company, Stewart Information Services Corp., received revised outlooks from A.M. Best Co., bumping both entities’ outlook to positive from stable. Read on for more information on the rating and a lengthy explanation of the rationale from A.M. Best.

Operations

While every attorney and every title agency owner has faith that the people they hire are trustworthy and able to do the task before them, it is critical to remain vigilant of the business being conducted by all employees and the processes the company has in place. The Legal Description traveled to the Attorneys Title Insurance Fund’s 49th Annual Assembly and heard Margaret Williams, Fund risk manager, provide tips on how to provide that level of awareness, from pre-hire throughout the staff member’s employment.

Operations

Operations

In this View from the Underwriter column, a rotating series of columns written by various underwriting professionals in the industry, Michael Schefstad, chief financial officer and treasurer of Westcor Land Title Insurance Co., shares his view on how a proper combination of auditing and centralized support enhance an independent agent’s business and the overall relationship with their underwriter.

Operations

This year’s Voice of the Title Agent special report was the longest one to date — and we still had more content. Here is one of those features: We asked our agent respondents, just after what type of underwriter they prefer to work with: “More specifically, which is your favorite underwriter to work with?” It was an optional, fill-in the blank question.  See what our respondents said.

Industry News, Operations, Technology

At the American Land Title Association Federal Conference, RamQuest and Guardian Consumer Services unveiled a new product that they think achieves many of the aims of the CFPB and the industry to provide a new environment that standardizes the closing process for all stakeholders.