Today’s news for the Title Insurance Industry is not good, reading like a bad novel… In Georgia [...]
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AM Best (requires subscription) reports that Chairman Paul Kanjorski (D-PA) of the House Financial Services Capital Markets Subcommittee who introduced a draft bill for the creation of a national insurance office, has now outlined a discussion draft on how to rewrite the bill (HR 2609.) According to the draft, the head of the new federal [...] Just another title company defalcation? I see some serious red flags [...] I am, unfortunately, quite familiar with theft of funds in the title industry. I have had to remove good personnel from access to corporate accounts, just because of family illness. I once had a closer create a fictitious company, adding bogus [...] |
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