United General's operations were rolled into First American Title Insurance Company's last year.
United General's operations were rolled into First American Title Insurance Company's last year.
If title insurance is not purchased at closing, then it can be purchased later. Generally a title insurance policy can be issued within 14 days of the closing.
As of 2011 the largest title insurance company by premium volume in the United States is First American Title Insurance Company.
If you purchased an owner's title insurance policy and now you find the deed that conveyed the property to you was fraudulent you should make a claim against the title insurance AND against the malpractice insurance of the attorney who represented you when you purchased the property. Someone didn't do their job.
File a claim with your title insurance underwriter.
The title insurance company is liable for the legal description that was insured at market value/amount of your policy
Generally speaking, if the owner purchased title insurance the lien should be paid by the title insurance company. If not and the lien was recorded and missed in the course of the title examination the attorney who certified the title to the buyer should be contacted. Her malpractice insurance should pay the lien.
In general terms, an underwriter is defined as a person who assesses risks to be covered by an insurance policy or a person (as an individual or company) who underwrites a security issue. In title insurance terms, the role of the Underwriter is: (a) The company insuring and issuing the title coverage ie: Chicago Title, Stewart Title, United General Title, First American, Attorneys Title Insurance Fund, etc. and; (b) The person with the local title agency who examines the title searches, county records, etc. in order to create a Title Binder or Title Commitment (intent to insure) for the property. Title insurance is the only type of insurance that is typically "underwritten" at the local level by the title agency. Most other types of insurance providers gather information about a car, person or property and then sends that information to a central office for processing and underwriting. An underwriter can also apply to financial industry as in the bank's underwriter or a securities underwriter.
Look on your closing documents. They should itemize all the fees related to the transaction.
You'll have to go to the county recorders office or whatever it's called in your state/county. When you purchased the home you may have purchased title insurance. The title company may have recorded the information incorrectly. Look through your documents when you purchased the home for your "Title Insurance Policy" and contact the title company and let them know what the problem is. They should be able to and may even be legally binded to correct the mistake.
You should contact the attorney who did the recording and the title insurance company and insist the situation be corrected.
There are two general types of policies, or combinations: lender's insurance (which pays the lender to cover its loss in security interest) and owner's insurance (which pays the owner in case of defective title).