trade posts

He Sweetie,

Figured it was about time to trade posts =
again. 
Here is mine for you.

 

Is your E and O =
coverage
 written
on a claims made and reported policy form?  Do you even know what =
that
means?  Apparently a claims made and reported policy form covers =
you for
errors or omissions which are first made and reported during the policy =
period,
as long as the act leading to the claim took place AFTER your =
retroactive or
prior acts date listed in your policy. The retroactive or prior acts =
date is
the most important feature of any E&O policy. I didn’t know =
there was
such a thing as a retroactive or prior acts date in my policy, did =
you?  I
thought title insurance was complicated.  I figured if I made a =
mistake or
even if I didn’t but somehow got caught up in a claim, my e and o =
would
cover me.  Seems there is some important stuff in the fine =
print.

 

Nevemind, just call =
Robin and
she will explain it to you and make sure you are covered for the best =
price.

 

 

If
you have something for me, email it to post@titletalk.posterous.com=

.  That will automatically post it to about 5 =
blogs.

Have
a good evening.

 

Art
Oswald

www.learntitle.com,
LLC

551
404 5341

The
richest man is not the one with the most stuff – it is the one with a =
satisfied
mind.

 

The copy machine is not just a copy machine

We recently started using our copy machine’s scanning feature and it has made a significant difference in the way we deliver our product.  We have software to produce a title commitment.  The system usess Microsoft word to assemble the documents required to go into the commitment package.  Then there are all the supporting documents like the county search, the tax search and the judgement search.  Most of those get delivered via the web so they are already in pdf format.  The county search may come via mail, fax, or email.  This is where the copy machne/scanner comes in.  We can now put all the documents into one file whether we have to scan them in or just upload them.  We can then move the pages around on the screen by just clicking and dragging them to the place we want.  We can take out pages that aren’t needed and scan in pages that are needed.  The Word docs that were generated by the title software are converted on the fly as we drag them from Windows Explorer to the copy software were the package is assembeled.  Once we have all the pages we need in the order we need them, we can email the package as an attachment.  Saves some time and lots of paper.  Once we get it all figured out, we sholdn’t have to print out anything. 

 

Continuing Education for Title Agents

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