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News
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Effective February 20, 2012 the Philadelphia Records Department will institute a new Fee Schedule. Records Commissioner Joan Decker has shared that fee schedule with PLTA and asks that we especially note to our members the fact that the new fees do not become effective until February 20, 2011.
Download the new Fee Schdule here: PHL rec Dept fee sch eff 2-20-12.pdf |
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On Friday, June 24, 2011 Pennsylvania Governor Thomas Corbett signed into law House Bill 442, which will ban the practice of Private Transfer Fees (PTFs) throughout the Commonwealth.
Read more about PLTA's latest legislative victory on PLTA Common Ground Online. |
"A great leader's courage to fulfill his vision comes from passion, not position" - John Maxwell
Dear Members;
As we begin to map out the course of this coming year, we assure you that our passion for this industry is the fuel that drives us to promote, educate and defend the land title industry in Pennsylvania. We understand the challenges both the Agent and Underwriter face in this difficult economic climate. We want to assure you that the one constant that remains is the Pennsylvania Land Title Association. We will face the challenges this year may bring as a united force, and continue to promote our industry based on our Code of Ethics and Conduct, beginning with the belief that land is the foundation upon which the very existence of our nation is secured, and out of which the wealth of our nation and its industries and people ultimately flows.
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Philip S. Janny, CLTP, President
Jan Koski Hogan, Vice President
Charlene Ostroski, CLTP, Treasurer
Francine D’Elia Wirshing, ALTP, Secretary |
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The Pennsylvania Land Title Institute (PLTI) Launches their New Website
www.PLTI.org
 PLTI.org is a one-stop education resource for title insurance professionals with up-to-date information on courses for any of your training needs:
DON’T FORGET - PLTA members receive discounts on PLTI live and self-study courses. Look for the "PLTA Member Discount" link on the bottom of each page. |
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On February 18, 2010, the Pennsylvania Insurance Department issued a demand for data and information to 498 PA title agents, roughly 20% of all PA licensed agents (“Data Call”). Selected agents ranged from the largest to the smallest, geographically distributed across the Commonwealth.
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Read more about the data call...
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The following press release was issued by the American Land Title Association (ALTA) and is reproduced with their permission. For details and contact information, visit the original press release.
WASHINGTON--(BUSINESS WIRE)--Title insurance companies have protected the American dream of homeownership for more than a century by providing behind-the-scenes work that strives to eliminate claims and assures homeowners that their investment in a property is protected.
“Unlike insurance agents that sell other forms of insurance, title insurance agents spend the majority of their time and resources preventing claims and protecting homeowners’ property rights,” said Kurt Pfotenhauer, chief executive officer of the American Land Title Association. “A recent request by the New Mexico attorney general to decrease title insurance rates in the state highlights a lack of understanding of the title insurance industry and the preventive measures title agents take to eliminate claims and protect consumers.”
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Read more of the press release....
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The American Land Title Association (ALTA) recently announced its plans to license the use of all ALTA policy forms (including Endorsement forms). This licensing program begins on October 1, 2009. ALTA will be contacting all non- ALTA members and offering a free ALTA membership for the remainder of 2009. This membership will include a free license to use the ALTA forms. On January 1, 2010 those new members will be sent a dues invoice for 2010. Those who renew their membership will be allowed to continue their free use of the forms. Those who do not renew will be invoiced $195.00 as a licensing fee for use of the forms. Click here for FAQS relating to this initiative (requires Adobe Acrobat). |
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The Legal Description recently published an article on PLTA's communications with the Pennsylvania Insurance Department concerning the department's recent data call. The Legal Description has granted limited access to the article for PLTA members - click on the link below to read the entire article.
Association outlines member concerns with Pa. data call
After receiving numerous complaints and concerns from its member agents selected to participate in a data call by the Pennsylvania Insurance Department, the Pennsylvania Land Title Association reached out to the department to voice those concerns. Click here to find out what the agents’ concerns are and the association’s recommendations for addressing them. |
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The Title Insurance Rating Bureau of Pennsylvania (TIRBOP) recently announced the launch of their official web site.
The site will provide the current version of the TIRBOP Rate Manual, TIRBOP approved forms, information on title insurance rates, and a number of other useful downloads.
Visit www.patitleratingbureau.org to learn more. |
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It is time to renew for 2010
WHY YOU NEED THE PENNSYLVANIA LAND TITLE ASSOCIATION (PLTA):
- Recent attacks on the title industry highlight the need for all title professionals to stand together to respond to those who challenge their ethics, importance and professionalism.
- PLTA has a long and rich history of effective representation of title professionals in legislative and judicial arenas ~ PLTA members have a collective voice in the halls of power.
- Member-only discounts give you the tools you need to successfully manage your business and advance in your career.
CLICK HERE to renew online
CLICK HERE to have an invoice sent to you
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Following up on the May 28th public informational hearing concerning the title insurance industry, the Pennsylvania Insurance Department ("Department") has decided to conduct a Title Insurance Study ("Study"). The Study will be directed to a representative sample of Pennsylvania title agents.
The Study will be under the direction and control of the Department with funding provided through the Title Insurance Rating Bureau of Pennsylvania. The Study is to be conducted jointly by Regulatory Research Corporation [Dr. Nelson R. Lipschutz] and Birny Birnbaum Consulting Inc. [ Birny Birnbaum] [the “Consultants”].
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Read more: Title Insurance Study
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