The Docket: Court Rules on Vicarious Liability Case Involving Misconduct of Dual Agent

February 28, 2017

Jeffrey Lang, vice president and national underwriting counsel for Old Republic National Title Insurance Company, provided today’s review of a recent decision by the U.S. District Court for the Northern District of Georgia Atlanta Division that ruled an underwriter could not be held vicariously liable to a lender when a title agent served as dual agent. Read on to learn how this affects closing protection letters.

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SoftPro is the nation's leading provider of real estate closing and title insurance software. With more than 14,000 customer sites and over 60,000 users nationwide, this award-winning software offers a suite of products designed to increase your volume and revenue by reducing the time it takes to do closings. SoftPro has been recognized by the American Business Awards every year since 2007 - winning awards for Superior Customer Service, Support and Product Development. 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.