Tag Archives: title insurance continuing education

Help Wanted

Job Details

Job Details

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Review the title report as presented by the abstractor.  Analyze the report to determine whether it is clear to insure title or whether there are issues to be resolved (i.e. outstanding interest on the chain of title that we need to determine how to convey, determine adequacy of a foreclosure or bankruptcy on the chain of title or look at creditor’s claims on property interest).  Directly work through the resolution of the issues by using independent thinking.  Must meet certain criteria established by Insurance Underwriter.
Title Insurance Issues

Cyber or Data Breach Insurance

Do you have insurance in case the confidential information you keep is breached or in some way hacked?  Here is an article that discusses the need for coverage given the “explosion of access to and transmission of confidential data”  Click Here to read the article.

I asked Greg McDonald of Cloudstar Consulting if he advises his clients to purchase this kind of coverage.  Cloudstar specializes in technology solutions for title companies.  He said “there is a debate over how effective these types of policies are” A couple trends he sees are that this kind of coverage is mostly considered in bigger companies(150 – 300 agents) and they are usually run by boards and not individuals.  What do you think.  Is it time to consider data breach insurance.  Are you confident you have the right procedures in place to prevent cyber attacks?  Will this be part of the Risk Management and Risk Assessment that the CFPB may be asking of title companies?  What do you think?

Help Wanted

Commercial Title Examiner job – First American Financial Corporation – King of Prussia, PA | Indeed.com

First American Financial Corporation – King of Prussia, PA•Abstracting county records for commercial properties in multiple counties• Examines chain of Title for Commercial properties; Examination of title to real property, ranging in complexity, to determine status and to establish chain of title• Performs title examination of complex and/or difficult title orders requiring a moderate level of expertise• Reviews title search reports and their documentation in a timely and thorough manner• Verifies that the information in the title search and accompanying documentation is accurate and complete so they can provide accurate title information to client data base• Resolves any issues such as missing information, incomplete, inaccurate or contradictory information contained in the title documentation

via Commercial Title Examiner job – First American Financial Corporation – King of Prussia, PA | Indeed.com.