We have our annual SAP Committee meeting scheduled for 1:30 pm Thursday, November 14, 2013 at the:

Marbella Room

International Plaza Hotel, in Tampa. 

 

AGENDA

SUSPICIOUS ACTIVITIES AND PERSONS COMMITTEE

Thursday, November 14, 2013 @ 1:30 P.M.

Marbella Room,

International Plaza Hotel

•1.                   Call to Order

•2.                   Registrations and updates with the DFS (see attached sheet providing contact information for the DFS)

                               

•3.                   Membership list and email addresses (see attached list and please make changes as needed)

4.            SAP Blog - opportunity to provide general comments in a closed forum

5.            General fraud discussion – fraud affecting underwriters (open discussion of any topics of                               interest)

6.            Pending appointment of new chairperson

7.            Conclusion of Meeting

PLEASE JOIN THE SAP COMMITTEE!

To become a member of the SAP Committee, you must register with the DFS as a “designated employee” under s.626.989(4)(d), Florida Statutes (you must be an employee of a title insurance underwriter whose job responsibilities include investigation and disposition of claims relating to fraudulent insurance acts).

To register, please send an email to:

Denise E. Prather

Sr. Management Analyst

Division of Insurance Fraud

Florida Department of Financial Services

200 E. Gaines Street

Tallahassee, Florida  32399-0324

Phone: 850 413 4036

VOIP 1 4036

Facsimile:  850 413 3996

email:  denise.prather@myfloridacfo.com

ALREADY REGISTERED WITH THE DFS?

If you are registered with DFS as a "designated employee" and you are not currently a member of the SAP Committee and you would like to join, please send me an email so we can add you to the list of committee members for this forum.

The advantage to joining the SAP committee: you will receive new caveats by email concerning suspicious acts and persons. When you have this knowledge, it will help your underwriter prevent fraud claims by issuing alerts to your agents.

WANT TO REVIEW THE SAP COMMITTEE BLOG?

When we email caveats we post a notice on the blog with general information. We would love everyone to use the blog. Please feel free to post comments. To get into the SAP Blog on the FLTA website, please do the following:

1.  Go to the FLTA website

2.  Log in using your User Name and Password

3.  On the left side, go to Invisible Page and hover over it and then travel down to Committee Working Area

4.  Hover over Committee Working Area and then travel down to SAP Forum

5. Click on SAP Forum

Here's an example of a recent blog post:

Peggy Williams, Risk Manager at Attorney's Title Fund Services, LLC, notified us regarding several recently recorded suspected forged deeds in Palm Beach, Broward, Seminole and Orange Counties, all to a trust that appears to be headquartered in the UK. The trust has already conveyed out to third parties in 3 transactions, 2 of which appear to have been insured by Florida underwriters. All underwriters should be on their guard for any future transactions from the trust.

I emailed a caveat, today, to the designated employees on the SAP committee email list. Please review the caveat and, if you deem it appropriate, please warn your agents to be careful about insuring transactions involving this trust.

Please email me at ghall@stewart.com if you did not receive the email, have any questions or need additional information. 

Please keep in mind that we are not identifying suspicious persons in this online forum in order to preserve the underwriters' statutory immunity from liability for sharing information.

Regards,

Greg

 

 

Gregory Hall Claims Counsel Claims Department Stewart Title Guaranty Company 3402 West Cypress St. Tampa, FL  33607 O (813) 876-0619 | F (813) 769-2712 stewart.com | ghall@stewart.com

STEWART INFORMATION SERVICES CORPORATION (NYSE: STC) Celebrating 120 years of magnificent service.