Insurance
May 22, 2018
Specific-risk title insurance: Something new under the sun?
A handful of European reinsurance companies and some title insurers in turn have been offering to their insureds, the ability to underwrite specific risks in ways that are reminiscent of traditional non-title insurance policies.
Robert C. Barnes
Senior Counsel
Norton Rose Fulbright US LLP
Robert is a real estate transactional attorney and senior counsel in the firm's Los Angeles office.
Great amounts of ink have been used over the years in examining the ways in which policies of title insurance differ from more traditional forms of insurance. But a new approach to underwriting title risks by reinsurers may lead to fewer dissimilarities and at the same time more flexibility and choices for insureds.
Anyone who has purchased or financed a house or commercial property has some passing familiarity with title insurance. ...
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