- Title InsuranceAmerican Land Title Association has created a set of industry guidelines and standards that are to be complied with by individual title insurance agencies. Further, these guidelines are established by the Consumer Financial Protection Bureau and are established under the Dodd-Frank Act and are in compliance with the Gramm-Leach Bailey Act. The industry guidelines presented by American Land Title Association are divided into “pillar’s” of information. Each of these pillars represents a different requirement for compliance. There are a total of seven pillars, each of which is described in complete detail through our Best Practices Manual.Our goal, through the publication of this Best Practices Manual is to set forth the specific ways in which we comply with each of the seven pillars of information as recommended by the American Land Title Association. As suggested by the American Land Title Association, this manual will help illustrate to consumers and clients our company’s commitment to professionalism and best practices to ensure a positive and compliant real estate settlement experience.
- Professional Liability InsuranceThe goal of pillar six is to maintain appropriate levels of professional liability and fidelity coverage to ensure the financial capacity to stand behind the professional services rendered.