Title Insurance for Real Estate Professional
by Jeanine Johnson
from Dearborn Real Estate Education
Adjustment of Property Losses
PROPERTY & CASUALTY general INSURANCE PRIME
The Property & Casualty Primer has been completely redesigned for easier reading and usage. Revised and updated contents include the latest information you must know to pass your Agent or Broker's exam. The new format with subject heading followed by complete explanations will help you to understand and remember with greater effect. Personal and Commercial Lines including: Auto Insurance Fire Insurance Inland Marine Insurance Bonds Crime Insurance Worker's Compensation
Climate Change: Financial Risks
from Nova Science Publishers
Property and Liability Insurance Principles
Introduction to Ratemaking and Loss Reserving for Property and Casualty Insurance
by Robert L. Brown
from ACTEX Publications
This text provides a basic foundation of knowledge concerning two fundamental building blocks of property/casualty actuarial work: ratemaking and loss reserving. Although the material is of property/casualty origins, the methods presented have potential applications in other insurance areas. The text contains worked examples and end-of-chapter exercises. The third edition includes overviews of individual risk rating, increased limits factors, and reinsurance. It has been updated to reflect industry changes and includes additional exercises. This text is listed on the Course of Reading for the Fundamentals of Actuarial Practice Course of the Society of Actuaries.
Property and Liability Insurance Principles
Report on the Loss of the S.S. Titanic
from Picador USA
The American Title Insurance Industry: How a Cartel Fleeces the American Consumer
by Joseph Eaton
from NYU Press
View the Table of Contents
Read the Introduction
”[A] work that provides newly detailed history and analysis of title insurance, a little-studied industry.”
—Library Journal
"In this important and fascinating book, the authors expose a scam that has fleeced Americans of billions of their hard-earned dollars since World War II. The title insurance industry, they show, has captured its regulators, and imposed exceedingly high costs on American homebuyers by means of a cartel-like arrangement. If that arrangement can be broken, price gouging would end and all American homeowners would enjoy what Canadians and Iowans do—reasonably priced peace of mind."
—Robert E. Wright, Stern School of Business, New York University
After World War II, banks and other mortgage lenders began requiring insurance to protect them against flawed or defective real estate titles. Over the past sixty years, the title insurance industry has grown steadily in size, power, and secrecy: policies are available for both lenders and property owners and many title insurers offer an array of other real estate services, such as escrow and appraisal. Yet details about the industryÂ’s operational procedures remain closely guarded from public exposure.
In The American Title Insurance Industry, Joseph and David Eaton present evidence that improvements in recordkeeping over the last sixty years—particularly the advent of computers—have reduced the likelihood of a defective title going unnoticed in a property transaction. But the industryÂ’s flaws run deeper than mere obsolescence: in most states, title insurers are allowed to engage in anticompetitive business practices, including price-fixing. Among the findings in this meticulously researched study are instances of insurers charging premiums well above the amount necessary to compensate them for assuming the risk of defect and identical policies with identical risk that vary in price by hundreds of percentage points for different geographic locations.
The authors also examine the widely ignored role that the federal and most state governments play in perpetuating the title insurance industryÂ’s unfair practices. Whereas most private industries prefer as little government intervention as possible, title insurers welcome it. Federal statue exempts title insurers from anti-trust liability, opening the door for price-fixing and destroying any semblance of free-market competition or market power for consumers.A landmark study for elected officials, and all those involved in the insurance, real estate, and brokerage industries, The American Title Insurance Industry brings to light a long-neglected problem—and offers suggestions for how it might be remedied.Personal Insurance: Property & Liability
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