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N.Y. Title Insurance Rates Slashed

National News • June 30, 2006
New York Superintendent of Insurance Howard Mills and Attorney General Eliot Spitzer announced that the insurance department has approved 15 percent rate reductions for title insurance companies ...

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Subject: RE: Title Insurance

Posted On: September 11, 2006, 3:30 pm CDT
Posted By: tony chloros
Comment:
I recently read an article re. title insurance which stated that claims paid out equal 4.3% of premiums! Auto claims are 68% of premiums and HMO Ins. pays out 86 cents of every premium dollar!!! Iowa has there state run program which costs buyers a flat $125 fee and then about $150 for a lawyer to search the title. I cannot remember with certainty where I read this but it may have been in a Seattle,Wash. newspaper article. Title insurance should be deregulated as the industry has been shown to be awash in kickbacks to R.E brokers,loan officers,builders and developers to the detrement of only one class of Americans,the underprotected home-buyer.
Subject Posted By Posted On
RE: Understanding title insurance vanessa
Jun 27, 2008, 6:02 pm
RE: Title Insurance tony chloros
Sep 11, 2006, 3:30 pm
Searching for Title Insurance Agents Michael Lourie
Jul 27, 2006, 4:39 am
Understanding title insurance Joe Petrelli
Jun 30, 2006, 7:31 pm
Title Insurance Ray
Jun 30, 2006, 12:35 pm
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