Title Agents/Abstractors
Title Insurance Agents, Title Abstractors/Searchers, Escrow Agents, Closing Agents and Notary Publics are the target of costly lawsuits involving inadequate title searches, errors in the distribution of funds and allegations of failing to follow closing instructions. Very often someone is dragged into litigation on the basis of being negligent in their failure to identify fraud at the closing table.
Eligible Accounts:
No restrictions.
- Accounts that have been cancelled or non-renewed due to unfavorable claims experience.
- Accounts that have been offered difficult terms and conditions by their current insurance company.
Coverage:
- Available from Admitted and Non Admitted insurers
- Primary and Excess
- Claims made and reported policy
- Limits vary by risk
- Deductibles vary by risk
- Broad Definition of professional services
- Broad Definition of claims (includes mediation and arbitration)
- Automatic extended reporting period after policy expiration
- Multi-year Extended Reporting Period in the event of cancellation or non-renewal
- Automatic coverage for entities acquired during the policy period
- Independent Contractor coverage
- First dollar defense coverage and claims expenses outside the Limits available for firms that qualify
- Prior Acts Coverage is available for firms that qualify
Applications
Other Coverages:
All or most other coverages that comprise the Hull & Company, Inc. (RFO) practice are appropriate. Contact a staff broker to discuss a particular account.
All insurance product and/or coverage descriptions are informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Coverage may not be available in all jurisdictions.