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22 Mar, 2007 3:41 am by Steven G. Tyler
... in two unrecorded qualified personal residence trusts ("QPRTs") established by the original owners of the property. The deed which transferred title to the trustee had recited in part that no party dealing with the trustee with regard to the property need inquire as to the ... language is not construed most strongly against the insurance company as drafter, but rather using customary, ordinary and accepted meanings of terms used. Chicago Title claimed that the claimed amounts were not covered, since ...
Maryland Courts Watcher - http://marylandcourts.blogspot.com/index.html
16 Sep 5:12 am by The Bicycling Barrister
... real estate markets continue to wreak havoc on title insurance companies. Fitch Ratings, has downgraded the financial strength rating of Stewart Title Guaranty Co., from "A-" to "BBB+" and the ... to cover any risk of loss. Sellers should do so as well. If the insurance does not cover a claim, Buyers will likely sue their Sellers for a breach of ... - Sept 17: Yestterday, Fitch also dropped Fidelity National's (parent of Chicago Title, Ticor and LandAmerica) default rating by two notches, from "BB" down ...
the wasserblawg - http://wasserblawg.blogspot.com/
20 Nov, 2008 8:09 am by The Wasserlaw.Blog
Most Chicago area home closings take place at a title insurance company's office. Just setting foot into those offices these days tells you all you ... lonely places right now. The numbers seem to bear this out. According to the American Land Title Association and Inman News, All five of the nation's five biggest title ... in their suburban and neighborhood offices. This process has already begun. Smaller title agencies are also likely to start shutting down operations as well. On the bright side, its ...
the wasserblawg - http://wasserblawg.blogspot.com/
29 Feb, 2008 4:20 am
... dated February 1, 2008, four named individuals commenced a class action lawsuit against fourteen (14) title insurance companies in the United States District Court for the Eastern District of New York alleging violations of antitrust laws. A copy of ... complaint can be found here. The named defendants are as follows: Fidelity National Title Insurance Company Chicago Title Insurance Company Ticor Title Insurance Company Fidelity National Finance, Inc. First American Title Insurance Company of New ...
InsureReinsure.Com: The Insurance & Reinsurance Blog - http://www.insurereinsure.com/
22 Sep 5:13 am by Jack Payne
... sections under the Divisions of the Guide relating to Professional Duties and Liabilities, Mortgages and Title Conveyancing. Bruce originally drafted them in 1997 and has updated them from time to time since then. Title insurance in Ontario has gone through a great number of changes over that period of ... purchases and, more frequently, residential and commercial loans. Title insurance is offered by six licensed title insurers in Ontario: Chicago Title Insurance Company, First Canadian Title ...
Law of the Land - Canadian Commercial Real Estate Law Blog - http://lawoftheland.blogs.com/law_of_the_land_canadian_/
24 Jul, 2008 5:52 pm by The Wasserlaw.Blog
... and sell real estate in the Chicagoland area; title insurance and escrow closing fees are going up. Chicago Title's new rate structure includes ... expect a tax bill due, they demand that the title insurance company guaranty payment of the taxes. Title company are happy to oblige. They collect money from the buyers who will be responsible ... Lending Database compliance in all Cook County mortgage transfers -> City of Chicago Water Department full account payment certification fees increased -> Cook ...
the wasserblawg - http://wasserblawg.blogspot.com/
2 Jul 2:47 am by The Bicycling Barrister
... suburban real estate lawyers, and had a strong market niche providing insurance for smaller condominium developers. According to one insider I spoke with, Absolute may have ... week that the Florida Fund has formed a "joint venture" with Old Republic Title Insurance Company and that, going forward, they must all sign new agency ... me know if you have questions or concerns about your title insurance provider or your Chicago area closing. I will be happy to be of servicecontact mike: mwass@wasserlaw.net ...
the wasserblawg - http://wasserblawg.blogspot.com/
26 Nov, 2008 9:59 am by Doug Cornelius
... filing for bankruptcy. That sounds like bad news for anyone with cash sitting in a LandAmerica 1031 account. It turns out that the company had $290 million invested in auction rate securities as part of the its 1031 business.[Fitch Downgrades LandAmerica's IFS to ... to cancel the original deal. That means Commonwealth Land Title Insurance Company and Lawyers Title Insurance Corporation will combine with Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title. Its ...
Real Estate Space - http://realestatespace.blogspot.com/
20 Nov, 2008 11:05 am by The Wasserlaw.Blog
Title Insurance companies are licensed and regulated by each state the they are authorized to transact business in. In Illinois, that duty falls to the Department of Financial & Professional Regulation. On November 7, IDFPR announced the death ... -9200. SHOULD CONSUMERS TAKE ACTION? Well, that is going to depend on where you closed or who insures your title. If your title insurance comes from Chicago Title, Ticor Title, First American, Stewart or LandAmerica, or Old Republic (which collectively ...
the wasserblawg - http://wasserblawg.blogspot.com/
7 Nov, 2008 12:29 pm by Doug Cornelius
... , Inc. (NYSE: LFG - News) today announced the signing of a definitive merger agreement under which FNF will acquire LFG. [Press Release] That means Commonwealth Land Title Insurance Company and Lawyers Title Insurance Corporation will combine with Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title. The combined company will have almost half of the real estate ...
Real Estate Space - http://realestatespace.blogspot.com/
10 Nov, 2008 11:49 am by The Wasserlaw.Blog
... Financial and Land America will combine forces, becoming the nation's largest title insurance provider. If so, they will control nearly half of the overall market. ... pay down other debts. Conventional wisdom, and historical indications suggest that the title insurance industry is usually a hugely profitable one. In 2003, according to ALTA, the industry ... seems are all those title company profits. I am an agent and write title with Fidelity subsidiaries Chicago Title and Ticor Title, and Land America ...
the wasserblawg - http://wasserblawg.blogspot.com/
16 Jun 8:14 am by lennyesq
Law.com - Insurer Blames N.J. Lawyer for Blot on Title Suit shows that rubber-stamping title commitments can be dangerous Henry Gottlieb New Jersey Law Journal June 16, 2009 A venerable title insurance company has done something unusual in New Jersey, and lawyers aren't likely to applaud. Chicago Title Insurance Co. filed a malpractice claim against a homebuyer's attorney, saying he acted [...]
lennyesq - http://lennyesq.wordpress.com
25 Aug, 2008 10:41 am
Ticor Title Insurance Company sued Countrywide Home Loans in Illinois' Cook County Circuit Court. According to media reports, Ticor alleged that a title policy it issued on a Kenwood neighborhood home in Chicago's South Side may not be enforced by Countywide on account of Countrywide's "reckless and grossly negligent in its underwriting" of the $360,000 mortgage used to purchase the property in 2007. Allegedly, after the loan was closed, the borrower … Read More...
Mortgage Fraud Blog - http://www.mortgagefraudblog.com/index.php/weblog/index/
20 Nov 7:51 am by admin
... premiums. The evidence shows this will not happen. The evidence shows that any savings to insurance companies - in the form of lower payouts due to damages caps - are not passed down to doctors ... can look at states that have adopted medical tort reform to see whether insurance rates have gone down. Texas, for example, enacted a $500,000 cap ... reform often cite the five myths discussed this week by our top-rated Chicago personal injury lawyers. Such arguments clearly ignore patient safety, as well ...
Chicago Personal Injury Law Blog - http://www.passenlaw.com/blog
19 Nov 7:55 am by admin
... to make up for their loss in investment income. None of this has anything to do with medical malpractice claims, despite what insurance companies argue. This point is made clear in a separate AAJ report about the 10 largest malpractice insurance companies. That report found ... so that cost savings are not made at the expense of patient rights and safety. To speak with one of our experienced Chicago injury and malpractice attorneys, call Passen Law Group at (312) 527-4500 for a Free Consultation.
Chicago Personal Injury Law Blog - http://www.passenlaw.com/blog
... -2400 (7th Cir. Dec. 24, 2008). Charles Doss refinanced his mortgage in 2004, using a company called The Loan Arranger that did indeed arrange a loan for Doss with Franklin Financial Company. Franklin asked Doss to get title insurance, which he did through Clearwater Title Company. Clearwater ... bills from hotels, health clubs and more. Based in Oak Brook, Illinois and Chicago, our Oak Brook and Chicago civil litigation lawyers represent clients from all over the Chicago area ...
Chicago Business Litigation Lawyer Blog - http://www.chicagobusinesslitigationlawyerblog.com/
15 Sep 7:14 am by admin
... premium spike that doctors experienced from 2002 to 2005 was related to the economic cycle of insurance companies and poor investments, rather than from medical malpractice claims; Those states that have passed "tort reform" have not seen more favorable insurance rate changes than those states that have resisted medical liability reform. ... negligence. They deserve to have their voices heard. To speak with one of our Chicago injury attorneys, call Passen Law Group at (312) 527-4500 for a free ...
Chicago Personal Injury Law Blog - http://www.passenlaw.com/blog
1 Aug 9:10 am by Money Maven
... you current. See, many big banks also own or have a stake in title and insurance companies. So as the bank gets closer to taking your house, they actually ... But many who apply for modification get sent on a wild goose chase by their mortgage company - paperwork gets lost, incorrect phone numbers are given, the same mistakes are made again ... yours. When you're headed for foreclosure, do you want to trust the mortgage company who stands to make a profit off your misfortune? Or would you rather find a ...
Chicago Bankruptcy Lawyer Blog - http://www.chicagobankruptcylawyerblog.com/
6 Jan, 2007 11:17 am by Marcia Oddi
Ethanol. "Rise in Ethanol Raises Concerns About Corn as a Food" is the title of an important story in yesterday's NY Times by Alexei Barrionuevo that looks at the growth of ethanol plants and some of the world-wide economic implications, ... : Melody Cleaners, facing orders to remove groundwater pollution on four properties in East Chicago and Hammond, is suing to force its insurer to pay for the cleanup. The retail dry cleaning company must remove the toxic chemical "perc" from the ground around its ...
The Indiana Law Blog - http://indianalawblog.com/
10 Feb 8:00 am by Lucas A. Ferrara, Esq.
... insurance, cooperative apartment lien searches, and related real estate services. TitleVest is a policy-issuing agent for First American Title Insurance Company, Chicago Title Insurance Company, Fidelity National Title Insurance Company, Stewart ... for IRC Section 1031 tax-deferred exchanges. A proud member of the Federation of Exchange Accommodators, 1031Vest is fully bonded and insured. InsureVest (InsureVest Brokerage, LLC) is a full-service property and casualty insurance brokerage offering a ...
Real Estate Law Blog - http://www.nyrealestatelawblog.com/
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