Knowledge Library

Hurricane Harvey’s Lesson for Insurtechs

by Daniel C. Price on InsuranceThoughtLeadership.com

Summary: Insurance 1.0 focused on distribution, and Insurance 2.0 on efficiency. Insurance 3.0 will have to be more thoughtful on product innovation. Just sixteen years ago, Tropical Storm Allison struck Houston, killing 23 people, dropping more than three feet of rain in some areas, flooding 73,000 homes and causing...

541 off-market potential development sites and a free tool to find them

by OneTitle

OneTitle—the source for up to 25% lower title insurance premiums--just launched a new free tool to locate potential off-market development sites. We found 541 potentially vacant buildings in all five boroughs, virtually every zip code and nearly all neighborhoods using crowd-sourced data and 40,000 calls...

NY Real Estate Attorneys Play Consumer Protection Role in Changing Era

New York Law Journal. Written by Alan Doran.

While the traditional responsibilities of real estate attorneys in New York are well understood, new and evolving consumer protection regulations, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau (CFPB) and the new TILA RESPA Integrated Disclosures (TRID) are...

Will the Future of Real Estate Include eClosings?

by Rachel D. Jaffe for Law.com

THWOMP! The mortgage lender’s counsel drops a five-inch stack of paper in front of an unsuspecting homebuyer fidgeting nervously at a closing table. Two to three hours later, the shell-shocked borrower emerges after scrawling their signature over and over on page after page, their cramped,...

Understanding The Economics Of Title Insurance

By Alan M. Doran and Rachel D. Jaffe on Law360

Title insurance economics — at both the industry and company levels — are widely questioned, often because title insurance has diametric characteristics compared to other forms of insurance, including basic underwriting theory, the time period covered, loss ratios, the way in which risk is priced,...

The potential cost of misunderstanding title insurance financing for NYS real estate buyers

by Daniel C. Price in the New York Real Estate Journal

Over the course of a real estate transaction, professionals must eventually speak to their clients about title insurance, a topic rife with misunderstanding and myth. Oftentimes the discussion is brief, and the costs associated with title insurance are perceived as fixed. But since it is one...