The Docket: U.S. Court of Appeals Addresses Professional Liability Coverage

February 25, 2014

Today’s review of a ruling by the U.S. Court of Appeals whether a title insurer’s professional liability policy covered the title insurer’s contractual obligation to reimburse stolen escrow funds by an issuing title agent was provided by Michael Russo Jr. of the law firm Council, Baradel, Kosmerl & Nolan P.A. Read on to learn why it's important to know that coverage provided by errors and omissions, and professional liability policies are not “one size fits all.”

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents. SoftPro is the nation's leading provider of closing and title software, consistently pushing the technological envelope to pioneer the most powerful and comprehensive closing and title automation software on the market. SoftPro's Award-Winning Software combines cutting-edge technology with outstanding support to make your business more productive, efficient and boost your revenue.