This webinar will provide a detailed review of the trending issues related to Title Claims currently affecting the title industry. Real-life scenarios involving title professionals that resulted in a claim(s) will be presented as a valuable teaching tool as well as, to demonstrate how title insurance mitigates risks during the purchase, selling and lending process of a transaction. Additionally, participants will learn how a title policy works, how a claim is evaluated, the most common title claims and actions to take in preventing a claim.
Topics to be presented include the following:
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How does a title policy protect your customers?
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Parts of a policy: Covered Risks, Exclusions, Exceptions, Title Insurer’s Rights & Obligations
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Fraud: Forgery, Identity Theft and Wire Diversion
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Where most errors occur that lead to a claim(s)
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Case Studies: Wire Diversion, Telephone Cable, Fraudulent Brother and Mortgage Forgiveness
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What steps you can take to avoid a claim(s)
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and more…
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