Gov't Affairs Blog

FLTA reports on Insurer Insolvency Issues

11/12/2011 3:40 PM | Alan B. Fields (Administrator)
At the recent ALTA convention in Charleston, Insurer Section Chair, Jim Russick and Executive Director, Alan Fields, reported on the recent changes to Florida law regarding the insolvency of a title insurer.   As part of their presentation, they suggested that with insurers issuing policies in multiple states, a uniform national model for handling the assets and policy obligations of a failed insurer was needed. 

This discussion continued at last week's NAIC's 2011 Fall National Meeting Nov 3-6 in National Harbor MA. 


 
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