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Report of the Study ofClosing or Settlement Protection Practicesof theTitle Insurance IndustryMSAR No. 9192December 2012
For further information concerning this document, please contact:Tinna Damaso Quigley, Esq.Director of Government RelationsMaryland Insurance Administration200 St. Paul Place, Suite 2700Baltimore, MD 21202410-468-2202This document is available in an alternate format upon request from a qualified individualwith a disability.1-800-735-2258 (TTY)Maryland Insurance Administration200 St. Paul Place, Suite 2700Baltimore, MD 21202410-468-2000 – 1-800-492-6116 (toll free)www.mdinsurance.state.md.usii
Page 4 and 5: TABLE OF CONTENTSI. EXECUTIVE SUMMA
Page 6 and 7: Although in a minority of states an
Page 8 and 9: or misuse of closing or settlement
Page 10 and 11: (4) Division of Consumer Protection
Page 12 and 13: title insurance producer or agency
Page 14 and 15: As part of its Insurer Survey, the
Page 16 and 17: or dishonest practices, the underwr
Page 18 and 19: eported having a least one escrow a
Page 20 and 21: ond also may be purchased by an und
Page 22 and 23: 4. Other Protection Available to Un
Page 24 and 25: 1. Preventive MeasuresProducer Lice
Page 26 and 27: lender’s funds or documents. The
Page 28 and 29: In the event of the insolvency of a
Page 30 and 31: insurance task force. The informati
Page 32 and 33: in excess of 20 cents in claims on
Page 34 and 35: create an environment vulnerable to
Page 36 and 37: Appendix 1MARTIN O'MALLEY, Governor
Page 44 and 45: AppendixAppendix22MARTIN O’MALLEY
Page 46 and 47: Appendix 2c. If you answered “No
Page 48 and 49: Appendix 2Certification of Informat
Page 50 and 51: Appendix 2QUESTION #3Schedule BStat
Page 52 and 53:
Appendix 3
Page 54 and 55:
Appendix 3SURVEYTitle Insurance - C
Page 56 and 57:
Appendix 3a. Does your title insura
Page 58 and 59:
Appendix 3QUESTION # 2Schedule ADor
Page 60:
Appendix 3QUESTION # 10Schedule CMi
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