Movers & Shakers: Tom Klein Joins AmTrust

AMTRUST TITLE FORTIFIES OPERATIONS IN THE MID-ATLANTIC REGION BY HIRING THOMAS R. KLEIN AS NATIONAL AGENCY MANAGER New York, NY, October 2, 2017 - AmTrust Title Insurance Company (the “Company” or “AmTrust Title”) today announced that Thomas Klein, Esq., a title insurance veteran with more than 36 years of title insurance experience, has joined as Senior … Continue reading Movers & Shakers: Tom Klein Joins AmTrust

Agency Admin & Audit: Business Continuity & Disaster Recovery

by Don Delgado, Vice President, Agency Administration Hurricane Harvey has left a path of devastation and destruction in Texas and beyond.   Our hearts go out to everyone in that area of the country whose lives have been impacted.   Harvey will no doubt have been catastrophic to many businesses.   According to FEMA, 40% of businesses do not … Continue reading Agency Admin & Audit: Business Continuity & Disaster Recovery

CFPB Ruled Constitutional by US Court of Appeals

The U.S. Court of Appeals for the District of Columbia Circuit on Wednesday January 31st, 2018 ruled that the structure of the Consumer Protection Bureau (CFPB) is constitutional.  The 7-3 by a full panel of judges upheld the single-director structure of the CFPB. The Court of Appeals ruled that the director of the CFPB can … Continue reading CFPB Ruled Constitutional by US Court of Appeals

BOI Admin Letter 2017-04

The Virginia Bureau of Insurance (the "BOI) recently issued Administrative Letter 2017-04 (https://www.scc.virginia.gov/boi/adminlets/17-04.pdf) and the accompanying Informative Letter (https://www.scc.virginia.gov/boi/pro/resa/cpl_chrg.pdf) regarding Closing Protection Letters (the "CPL").  As these letters advise, the BOI has directed that charges for a CPL are premium charges rather than administrative fees and must be quoted, collected and remitted like all other … Continue reading BOI Admin Letter 2017-04