It’s no secret professionals often are hesitant to engage directly with regulators at industry events or in other forums. In this episode, we discuss why that sort of engagement is so important with a pair of incredibly personable leaders of the National Association of Insurance Commissioners (NAIC), which regulates the title insurance industry. Chuck Myers and Connie Van Slyke offer insights into the aim of the NAIC’s working group intended to enhance industry participation to help regulators address existing issues and challenges. They dug into the historical context of title insurance regulation and the vital role open communication can play in addressing industry concerns, including current issues in title insurance and the future directions for the industry.

Chapters:

00:00 Introduction to NAIC and Title Insurance

03:11 Historical Context of Title Insurance Regulation

05:48 Challenges in Title Insurance Regulation

09:05 Transition from Task Force to Working Group

11:58 Encouraging Industry Participation

15:10 Addressing Industry Concerns and Misconceptions

18:00 Current Issues in Title Insurance

21:00 Engagement and Communication with Regulators

23:45 Future Directions and Innovations in Title Insurance

Get In Touch…

For more on this topic, follow these links:

NAIC: https://content.naic.org/committees/c/title-insurance-wg

NS3: https://www.ns3thesummit.com/agenda

To email the guest or host:

Mary Schuster (Host), [email protected]

To find more episodes of “Keys to Real Estate” or learn more about October Research – the nation’s leading independent provider of market intelligence, industry news, expert analysis and regulatory information for professionals in the real estate, title, financial and settlement services industries – visit www.OctoberResearch.com.

Episode sponsored by Closinglock – https://www.closinglock.com

Episode produced by October Research – https://www.octoberresearch.com