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E&O pricing can be a mystery, but there is a method to the madness. The base price comes from you, the insured, when you list your gross revenue on the E&O application. The more you make, the more your insurance costs. This is because the insurance companies view higher revenue as more work and higher … Continue reading Why Does Errors & Omission Insurance Cost So Much? And, Where Does The Pricing Come From?
It is well known that the title industry is under attack. Many agents are scrambling to keep up with the ever-changing landscape of protecting their finances, business and client data. One key component to reducing risk to your business is training employees on the daily security risks they encounter. Although maintaining a properly secure and … Continue reading The Missing Link – Training Your Employees
“Time is of the essence” is a clause in place in many of the real estate contracts in Virginia. It is also a clause that seems to me to be ignored to some degree. After teaching a number of classes on the contract, it is clear to me that real estate agents and their clients … Continue reading Time Is Of The Essence? What Does That Really Mean…
Elizabeth “Libba” McKenzie is a solo practitioner in the area of family law and social security disability. Her office is located in Fairfax, Va. She has represented clients in the Northern Virginia area for more than twelve years. -- I sat down with Elizabeth McKenzie (“Libba”), who is a domestic relations attorney in the Northern … Continue reading Domestic Relations and It’s Impact on Closing
Title Examination is a lot like a puzzle. In order to see the big picture, one must first determine the order in which to place the pieces. The process of searching a title is a specific and detailed process. To be a good title examiner, it requires great attention to detail. Title examiners are taught … Continue reading Title Examination Roadblocks – What To Do?
[Queue the Dragnet theme The story you are about to read is true – only the names…and amounts…and addresses…and… you get the picture... have been changed to protect the insureds….] This is your lucky day. Just yesterday you questioned your decision to leave OCD Title, with its endless checklists and procedures (intake, title order, examination, … Continue reading Anatomy of A Claim