Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 07/18/18
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
NELTA’s 48th Annual Convention photo recap
NEREJ (New England Real Estate Journal) - NELTA’s 48th Annual Convention was held at the Gurney’s Newport Resort & Marina on Goat Island in Newport, R.I., June 21 - 24, 2018.

HDFC Ergo launches title insurance cover
The Hindu Business Line - Private sector general insurer HDFC Ergo today launched a title insurance policy, a first in the private insurance segment, under which it will offer cover to property developers.

The Title Insurance Titans
The Real Deal - A tally of the players brokering the most title deals in NYC

Title Curative Case Study: Overcoming the Obstacles to Obtain the Impossible Mortgage Satisfaction
PropLogix - Exceeding customer expectations is a well-cited core value of many companies, but it's often easier said than done, especially when trying to clear the title on a property with a 32-year-old mortgage from a defunct lender with a missing mortgage assignment and satisfaction.

Notice and opportunities to comment
CFPB (Consumer Financial Protection Bureau) - Check here for notices and opportunities to comment posted by the Bureau of Consumer Financial Protection (BCFP). These requests can include: proposed rules, requests for information, and Paperwork Reduction Act notices that give the public an opportunity to comment on certain planned or existing reporting, record keeping, and disclosure requirements.

Legal News
Judge blocks IL regulators from compelling new title insurance disclosures to homebuyers
Cook County Record - A Cook County judge has signed off on an order blocking Illinois state regulators from rolling out new disclosure requirements for attorneys and other agents involved in helping property buyers and lenders obtain title insurance. 

South Carolina First State to Adopt NAIC Insurance Data Security Model Law
JD Supra - On May 3, Governor Henry McMaster signed the South Carolina Insurance Data Security Act, making South Carolina the first state to adopt the NAIC Insurance Data Security Model Law.

Ex-lawyer can't beat federal prison term for selling bogus insurance
PENN Live - A federal appeals court has refused to void the 2-year prison sentence of a former attorney convicted in an insurance scam.

Civil suit filed against city of Belle Fourche headed to SD Supreme Court
Black Hills Pioneer - Appellants allege city illegally applied lien to property

Tech / Social Media
Cybersecurity & Retirement Plans
JD Supra - This blog discusses whether retirement plans are really at risk; and if so why. It concludes with some helpful hints and practical advice to reduce such risks, some of which are tips employers (or plan sponsors) can share with retirement plan participants.

Title Agency & People in the News
Affinity Plus Title Company earns “Excellence in Action” award for best practices, customer service, operations
CUI Insight - Affinity Plus Title Company recently received the 2017 Leading Title Agency “Excellence in Action” award by Fidelity National Title Group.

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.

In Other News
FAA Adds to No-Fly Zones for Drones After Prisoners Smuggle Drugs, Weapons Through the Skies
JD Supra - The proverbial hacksaw inside a prisoner’s birthday cake has been supplanted by a new technological trend for bringing contraband into the jailhouse – Unmanned Aircraft Systems (“UAS”).

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