In its efforts to deliver outstanding customer service and industry compliance standards, Intracoastal Title employs policies and procedures in order to meet with ALTA’s 7 Pillars of Best Practices:
#1
Establish and maintain current licenses and corporate registrations as required to conduct the business of title insurance and settlement services.
#4
Adopt standard real estate settlement procedures and policies that help ensure compliance with consumer financial laws and underwriter regulations.
#2
Adopt and maintain appropriate written procedures and controls for Escrow trust Accounts Allowing for electronic verification of reconciliations.
#5
Adopt and maintain written procedures related to title policy production, delivery reporting and premium remittance.
#7
Adopt and maintain written procedures for Resolving Consumer Complaints.
#3
Adopt and maintain a written privacy and information security program to protect non-public personal information as required by law.
#6
Maintain appropriate professional liability insurance and fidelity coverage.