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White Paper

5 Pages
  • 5 Pages

Purpose and Nature of Title Insurance

 

What Is Title Insurance?

Title insurance is a contract of indemnity that obligates the title insurer to pay loss as defined by the policy. Case law has also deemed title insurance as used to “indemnify the insured for impairment of its interest due to failure of title as guaranteed in the title insurance report." This white paper reviews what title insurance is, what type of risks does the policy indemnify or protect and discusses negotiation of risks that are known vs. assumption of risks unknown.

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Purpose and Nature of Title Insurance

Agenda

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Purpose and Nature of Title Insurance

Faculty

Duane H. Wunsch

Duane H. Wunsch

Fidelity National Title Group, Inc.

  • Vice president and state counsel for Fidelity National Title Group, Inc.’s Wisconsin office
  • 30 years of experience as in-house underwriting and claims counsel
  • Frequent lecturer to both attorney and nonattorney customer groups
  • Regularly conducts training sessions for title and escrow staff
  • J.D. degree, Emory University; B.A. degree, University of Wisconsin-Madison
  • Can be contacted at 262-796-3852 or [email protected]
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Purpose and Nature of Title Insurance

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