Tag Archives: American Land Title Association

ALTA reports that, in 2022, the title insurance industry paid more than $596.1 million in claims, up from $474.4 million reported in 2021.

According to ALTA, Elite Providers promote the highest industry standards and provide effective solutions for their members’ critical needs. To become an Elite Provider, applicants are reviewed based on their financial strength, commitment to the overall industry, national distribution capabilities, and reference checks with existing customer

RynohLive, a Virginia Beach-based patented financial management and fraud prevention system for title agents, as recently named an Elite Provider by the American Land Title Association (ALTA).

The American Land Title Association (ALTA) reports continued improvements for title companies. Each of the three quarters the association reported on so far this year have registered increasing volume for title companies. Premiums rose 28 percent year-over-year in the third quarter. The industry produced $3 billion in title insurance premiums over the third quarter, up from $2.4 billion during the same period in 2011.

Vice chairman of Stewart Information Services Corp.Stewart Morris Jr. was appointed to the American Land Title Association (ALTA) Board of Governors. The association's Board of Governors is tasked with creating policies and maintaining the financial health and overall welfare of the association.

Bank of America and Fidelity National Financial have come to an agreement regarding the foreclosure paperwork issues that have plagued several of the largest lenders in the past weeks. Fidelity will continue to provide title insurance for BofA's foreclosed properties and defend new homeowners in court if title issues arise. The bank has agreed to cover all court related costs and settlements resulting from lawsuits surrounding title issues. The news comes just as Bank of America has announced that it will resume foreclosures in 23 judicial states beginning October 25th.