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08/17/2016

How to Become a Savvy Shopper for Your Insurance

Life_preserver

 

By Andrew Agati and Derek Diaz

Title insurance companies provide lenders and homeowners with valuable protection against risk. But who protects title companies from the risks they face? It is supposed to be commercial insurers, though products like errors and omissions coverage; crime, computer fraud, and cyber policies; excess insurance; and reinsurance coverage. But to obtain meaningful protection, you have to understand the types of claims title companies typically encounter, how courts interpret their insurance policies and how to overcome typical roadblocks that are used to deny coverage. This seminar will equip you with that knowledge.

At ALTA’s 2016 Annual Convention during our Engagement Lab titled “How to Become a Savvy Shopper for Your Insurance,” we will discuss the types of claims title companies face, including those stemming from class actions. We also will discuss related insurance coverage issues and how to maximize coverage—both before and after a claim is made—under a variety of different policies.

Andrew Agati is a partner with Hahn, Loeser & Parks LLP. He can be reached at aagati@hahnlaw.com. Derek Diaz is a partner in the Cleveland office of Hahn, Loeser & Parks LLP. He can be reached at ddiaz@hahnlaw.com. Agati and Diaz will speak more in depth about this topic during a session titled "How to Become a Savvy Shopper for Your Insurance" during ALTA's Annual Convention. Click here to register.

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