January 18, 2011
The NAIC guide to assist examiners in conducting examinations has a revised chapter on training examiners of title companies. In updating the chapter the NAIC incorporated ALTA suggestions. The handbook is based on NAIC model acts and does not necessarily reflect individual state laws and regulations. According to the NAIC the examination of title insurance operations may involve a review of several business areas, including underwriting, claims and escrow funds.