HomeHow do you evaluate a title insurance company?
Wiki User
2007-11-09 03:34:36
2007-11-09 03:34:36
A title insurance COMPANY is the actual underwriting company or insurer. A title insurance AGENCY is the local guy providing services by his Underwriter. Just like your local car insurance AGENT who writes for an insurance COMPANY. The title underwriting industry is ranked by Demotech. Demotech is a national independent actuarial service firm that rates the financial stability of all P&C insurance providers within the United States. Demotech?s Financial Stability Analysis Model, which determines the financial stability of insurers, has been accepted by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), since 1989.
Related Questions
First American Title Insurance Company Fidelity National Financial Stewart Title Insurance Guaranty Old Republic Title Insurance Company North American Title Insurance Company Chicago Title Insurance Company
As of 2011 the largest title insurance company by premium volume in the United States is First American Title Insurance Company.
Westcor Land Title Insurance Company was created in 1993.
Um, why does the insurance company have the title???? The only reason that the insurance company would have the title is because the car was totalled from damage. Something is very wrong here.
If you are starting a title insurance COMPANY, the actual entity that is an insurance carrier (think 1st American, Chicago, etc.), you will need to contact the Arkansas Department of Insurance as to what their guidelines, reserves, etc. are for becoming a carrier in the state of Arkansas. If you are starting a title insurance AGENCY, the local entity that has a agency agreement with a title insurance COMPANY to sell their insurance products. Please note that a title AGENCY is not the same as a title COMPANY or title UNDERWRITING COMPANY. See the Related Links for more information.
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