New ALTA Closing Protection Letter With Florida Modifications Corrects Unfortunate Case Law
The new American Land Title Association (ALTA) Closing Protection Letter (CPL) form recently took effect in Florida.
The new form both streamlines the previous CPL’s language and addresses and corrects many of the problems created by recent bad case law. It brings the CPL into line with longstanding understandings of CPL’s purpose and scope within the title insurance industry. The clear and laudable aim of this new form is to create a better relationship among the contracting parties with clearer language and more sensible limitations on liability. This article summarizes revisions, with particular focus on those areas that address case law that led us astray.Hot Topics in Claims Avoidance: Avoiding POA Claims in Florida
In the title industry, a power of attorney (“POA”) is used when one of the parties to the transaction cannot be physically present at the closing. Transactions involving a power of attorney are ripe for fraud and errors.
The following checklist can be used to determine whether or not to proceed with insuring a real property transaction involving a POA:Garner Local Media Attention for Your Business: Part Two
This is Part II on how you can get local media attention for the things you likely already do on a daily basis for your business. Getting positive media attention is easier than you may think.By understanding the basics of creating a press release, knowing your local reporters and being aware of all activities taking place at your agency, you can create positive media attention for your business.
How many sports teams has your agency sponsored in the past year? Have you conducted any pancake breakfasts to support a community cause? Did you make any charitable donations? Did your employees take paid time off of work to volunteer in the community? Did any employees run a marathon or celebrate milestone anniversaries? Did any employees retire? Did you hire anyone?
Here’s how to turn these everyday occurrences into news that your community reporters will want to know and report.
Celebrating the end of a career, Congratulations Janet Minke!
Alliant National Title Insurance Executive Janet Minke RetiresWell-known industry veteran also retires from her industry leadership roles, and will focus on philanthropic endeavors
FORT Worth, Texas – Janet Minke recently retired as vice president, underwriting support services for Alliant National Title Insurance Company, the nation’s largest title insurance underwriter with no direct or affiliate operations. Alliant National is headquarted in Longmont, Colorado and Minke was based in the company’s Fort Worth, Texas office.
Minke’s career spanned nearly 50 years, including almost a decade with Alliant National. Alliant National hosted a retirement party in her honor, and as part of the celebration, Alliant National’s leadership team, employees and independent agents pooled funds together, totaling $20,000, to donate to the of charities Minke’s choice.
Texas Land Title Associaion (TLTA), offered Minke its congratulations and a thank you for her service: “TLTA is deeply grateful to Janet for all she has done over the years for TLTA and our industry. She will be greatly missed, but we wish her all the best in retirement. She leaves a true legacy in the vast body of work that she so generously shared through the gift of her time and talent.”
In addition to frequent speaking and instructor roles at TLTA educational events, Minke was a long-standing volunteer with the organization. She served on and/or chaired numerous TLTA committees.
MEDIA INQUIRIES
Cathie BeckCapital City Public Relations
e : cathie@capitalcitypr.com
p : 303-241-0805
Alliant National is the largest title insurance underwriter in the country with no direct operations to compete against its agents and puts the interests of its agents first. Bolstered by financial stability, strong underwriting capability and independent agents’ in-depth knowledge of local markets, the company has established a nationwide network with deep roots in local communities and a wealth of expertise that is flexible, nuanced and continuously growing.
Alliant National’s CEO, Bob Grubb, can be reached at 303.682.9800 x300 or bgrubb@alliantnational.com. Visit joinalliantnational.com for additional information.
About Alliant National Title Insurance Company
The Independent Underwriter for The Independent Agent® Alliant National believes in putting other people first. The company protects the dreams of property owners with secure title insurance and partners with 400+ trusted independent title agents as a licensed underwriter in 22 states.###
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