Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 01/17/18
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News

Fidelity National Financial Announces 4th Quarter 2017 Earnings Release and Conference Call
Markets Insider - Fidelity National Financial, Inc. (NYSE: FNF), a leading provider of title insurance and transaction services to the real estate and mortgage industries, will release 4th quarter 2017 earnings after the close of regular market trading on Tuesday, January 30, 2018. 

Know the State Laws in Your Market
ALTA (American Land Title Association) - Regulations are changing constantly, right? When you need to keep on top of state laws relating to licensing and operating requirements, ALTA's Title Insurance Regulatory Surveys (TIRS) is the most comprehensive collection of title industry regulatory information and practices available anywhere! Surveys were recently updated in 20 states!

The Last Man Standing in a Doomed Buffalo Housing Complex
City Lab - Any minute now, John Schmidt expects to be removed from his apartment by U.S. Marshals. Schmidt lives in Buffalo’s Shoreline apartments, an affordable housing complex behind City Hall. 

View the Colorado DORA Division of Insurance 2017 Annual Report on Title Insurance
CO DORA (Colorado Department of Regulatory Agencies) - View the Annual Report to the Commissioner of Insurance to The Colorado General Assembly on Title Insurance: Enforcement actions, market trends, and consumer complaints.

County set to consider ‘reasonable settlement’ in pueblo roadway dispute
Santa Fe New Mexican - Santa Fe County taxpayers could spend between $7 million and $8 million to settle long-standing disputes with four area pueblos over rights of way on county-maintained roads within tribal boundaries.

Virginia proposes settlement agent legislation
LIS (Virginia's Legislative Information System - Establishes a presumption that any person who is authorized to act as a settlement agent is competent to handle settlements of federally backed mortgages secured by real estate in the Commonwealth. Lenders are prohibited from imposing any additional requirement as a condition of closing such mortgages. 

Legal News
West Rockhill completes purchase of 137-acre tract
Montgomery Media - As the new year begins, West Rockhill has another 137 acres of permanently preserved land. Settlement to purchase the land on Catch Basin Road from Sellersville Borough took place Dec. 29, Mary Eberle, West Rockhill’s solicitor, said.

The Docket: Is A ‘Real Covenant’ Just A Contract?
ALTA (American Land Title Association) - Lance Pomerantz, a New York sole practitioner who provides expert testimony, litigation consulting and strategic advice in land title disputes, reviews a recent New York case that asks if a recorded covenant that runs with the land can be “abandoned” in the same way as a contract provision.

Tech / Social Media
The Times They (May Be) A-Changin’: State Legislators Now Have a Uniform Cybersecurity Law Framework to Consider After NAIC Adopts the Insurance Data Security Model Law
Lexology - Cyber-attacks and data breaches in the insurance sector are increasing exponentially as industry players shift to and invest in digital applications, platforms, and other advanced digital analytic systems that collect and utilize vast amounts of consumer personally identifiable information (“PPI”).

In Other News
A List of Cities’ Outrageous Amazon HQ Bids
Connect Commercial Real Estate - In September, Amazon announced its plans to build a second headquarters in a to-be-determined city. After releasing their statement, 238 cities submitted bids to the e-commerce giant to persuade the company as to why their city is the best pick.

Man Stops to Check on a 'Dead' Dog — Then Learns the Adorable Truth
The Dodo - Last weekend, Manuel Delgado was on a bike ride through the mountains outside Madrid, Spain, when he spotted something that made his heart sink. There, on a quiet road through the scenic landscape, was a wounded creature in desperate need of help. Or so he thought.

Title Agents Go Nationwide
For agents interested in growing their businesses by expanding into multiple states, we’re here to make the process simple and profitable. We offer you one point of contact to streamline your options and solutions.

Marianne Mathieu, NTP
Vice President/National Agency Accounts
Fidelity National Title Group