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National Association of Independent Land Title Agents
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  • JOIN
  • NEWS
    • Industry News
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NAILTA President Speaks To NAIC: Time to Prohibit AfBAs is Now!

Yesterday, NAILTA President, Anthony L. Affatati, was invited to address the National Association of Insurance Commissioners (NAIC) in Washington DC during their Fall Meeting. NAIC is the consortium of each state’s department of insurance regulator which helps to draft rules regarding the industry. Currently, NAIC is working on draft rules regarding escrow account theft and increasing the role of regulators in the title insurance industry.

Our President gave an impassioned speech to NAIC on the issue of affiliated business arrangements and the harms those entities cause to competition and prices in the title insurance industry. NAILTA is seeking to help improve the role of the independent settlement service provider in regulating the industry. Historically, the information provided to NAIC has consisted of information most favorable to the conditions of the underwriter without a greater understanding of the roles played by agents. NAILTA seeks to change that.

To read Mr. Affatati’s remarks from yesterday, please click here.

Category: Announcements, Industry News, NAICDecember 17, 2013

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News Categories
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DIRECT FROM THE BOARD
  • NAILTA Asks Kentucky Legislature to Protect Small Business Owners in Proposed E-Notary Legislation
    August 31, 2018
  • House Passes Mortgage Choice Act (Again); Proponents Cite “One-Stop Shopping” Myth as Reason
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    February 15, 2018
NAILTA BLOG
  • First American Data Leak: What Happened? What Next?
    May 28, 2019
  • NAILTA Asks Kentucky Legislature to Protect Small Business Owners in Proposed E-Notary Legislation
    August 31, 2018
  • House Passes Mortgage Choice Act (Again); Proponents Cite “One-Stop Shopping” Myth as Reason
    February 15, 2018
ANNOUNCEMENTS
  • House Passes Mortgage Choice Act (Again); Proponents Cite “One-Stop Shopping” Myth as Reason
    February 15, 2018
  • House Passes TRID Improvement Act; Aims to Improve Disclosure of Title Insurance Premiums to Consumers
    February 15, 2018
  • NAILTA Mourns the Loss of Former President, Anthony L. Affatati, Sr.
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