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  Florida reminds agents of potential open house issues Wednesday, July 10, 2019 In the June 2019 issue of Florida’s Division of Insurance Agent and Agency Services’ Insurance Insights, the division provided guidance regarding title agent involvement in real estate open houses. Read on for more details.
California considers asset requirements Wednesday, July 10, 2019 The California General Assembly is considering a bill that would increase the amount of current assets an underwritten title company is required to maintain in excess of its current liabilities. Read on for more details.
California agent indicted for stealing downpaymentsWednesday, July 10, 2019 A California real estate agent was indicted on charges of wire fraud, mail fraud and money laundering in connection with a scheme to defraud clients of downpayments. Read on for more details.
Four indicted for HELOC fraud Wednesday, July 10, 2019 Four men have been indicted for carrying out a scheme to use phony information and simultaneous loan applications at multiple banks to fraudulently obtain home equity lines of credit. Read on for more details.
 FTC details framework in data security settlements Monday, July 8, 2019 The Federal Trade Commission on July 2 announced two separate data security related settlements. Both settlements spell out in detail the requirements for creating a secure system for protecting nonpublic personal information. Read on for more details.
 ALTA urges action after potential title industry breach Monday, July 8, 2019 The American Land Title Association urged companies to take action after warning companies that usernames and passwords have been allegedly acquired using a phishing campaign. Read on for more details.
 New York DFS announces executive appointments Monday, July 8, 2019 New York Department of Financial Services (DFS) Superintendent Linda A. Lacewell announced new executive appointments, including executive deputy superintendent for Capital Markets, deputy superintendent for insurance and deputy chief of the Health Bureau. Read on for more details.
Second month of defect risk decline Monday, July 8, 2019 First American Financial Corp.’s Loan Application Defect Index for May shows that the defect risk has declined for the second straight month. Read on for more details.
New Jersey man indicted for fraud schemeMonday, July 8, 2019 A Hudson County, N.J., man has been indicted for his role in running a large-scale mortgage fraud scheme that involved properties in Jersey City, Union, and elsewhere in New Jersey and caused losses of millions of dollars. Read on for more details.
 Title insurers sue Georgia firm for missing IOLTA funds Wednesday, June 26, 2019 Two title insurers sued a now-shuttered Georgia real estate closing firm, alleging at least $1.6 million was missing from the firm’s IOLTA account, leading to claims on customer’s title insurance policies. Read on for more details.
Utah reminds industry of laws unaffected by AfBA statuteWednesday, June 26, 2019 Utah Insurance Commissioner Todd Kiser issued a bulletin reminding title insurance producers of the laws that are unaffected by the passage of SB 121, which repeals the state’s controlled business statute and enacted standards for title insurance producers and their associates that operated under affiliated business arrangements. Read on for more details.
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