Tag Archives: title insurance New York

Beware The Phrase That ‘Stocks Are On Sale’!

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Once again stock market investors have borne witness to a significant selloff, occurring soon after equities reached record highs! So why, you may be asking yourself, is the owner of a title insurance company writing and opining about investing in any asset class other than real estate? Because, said owner needs to vent a little […]

What Do Clients Think About Hallmark Abstract Service – A Testimonial

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Why Do People Choose To Use Hallmark Abstract Service? As many of you know by now the focus of the articles at the Hallmark Abstract Service blog tend to be about issues that either affect the entire title insurance industry, topics that we feel may be of interest to our readers across industries, available events offering business […]

New York State Title Insurance Industry: ‘I’m Mad As Hell And I’m Not Going To Take It Anymore’!

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Update January 16, 2018: ‘The New York State Senate unanimously passed a bill Tuesday that will allow title companies to resume buying clients coffee, taking them out for lunch or treating them to a round of golf. Sponsored by Sen. James Seward of Oneonta, the bill — which now heads to the Assembly and Gov. […]

January 12, 2018: New York State Title Insurance Industry Showdown With Regulators And Politicians In Albany!

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Due to some of the more onerous provisions of New York State Department of Financial Services (NYSDFS) Regulation 208 that went into effect December 18, 2017, the various ‘constituencies‘ involved and affected will be meeting in Albany January 12, 2018!  ‘The Assembly Insurance Committee is holding a hearing about DFS regulation of the Title Insurance Industry […]

New York Title Insurance Industry Prohibition Of Inducements Provided In Return For Business Delayed From December 18th to February 1, 2018

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Breaking News December 19, 2017: The NYSDFS today issued a statement delaying the implementation of certain aspects of Regulation 208, namely the prohibition on inducements being given in return for business. We’re not sure what a one month delay will do for firms in terms of compliance, but here is the statement… DFS Statement Regarding […]

Are You An Activist Focused On The Real Estate Industry In New York? Specifically, Nassau County…

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If not, should you be? The term activist when describing an individual, or activism when describing a group of activists focused on a specific issue, conjures up a variety of mental images! And of course the intensity and ferocity of the images will typically vary depending on the scope of the issue and the emotions […]

“Option A is not available. so let’s just kick the s**t out of Option B.” Sheryl Sandberg

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Imagine you’re a football coach and the game plan you drew-up is failing miserably or, at a minimum, just not getting the job done (think New York Jets and Giants)… Or maybe you’re the CEO of a business and, what you thought would be a phenomenal strategic plan, has for any number of reasons just not panned […]

In New York, Why Should You Care About Title Insurance?

  Truth be told if you’re renting a single-family home, an apartment and/or an office for your business in a building owned by someone else, you have little reason to be concerned about the title insurance that covers them! That is of course unless at some point there’s a claim that calls the ownership of […]

U.S. Economic Strength: What Is The ‘Smart Money’ Telling Us?

US dollar continues to weaken

(Note: This article has been featured in the LinkedIn Channels Banking & Finance, Economy and Editor’s Picks) Smart Money – If you’ve ever bet on the ponies the ‘smart money’ will typically be the money wagered right before the betting windows closed. Theoretically these are the people who may have an inside track about the horses […]

When You Look At Your Home, Which Of These Two Pictures Comes To Mind?

Why you need title insurance in New York

For a variety of reasons homeownership is one of the things in life that so many Americans hope to one day achieve! Whether for a family or an individual, the thought of owning a home conjures up visions of  achieving the American dream, weekend barbecues, family get togethers, independence, a mortgage interest deduction of course […]