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North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

Government News

Presidential Workings Group Finds Terror Insurance Market Improves

October 3, 2006

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Terror Risk Insurance

A report issued by the President’s Working Group on Financial Markets has concluded that the availability and affordability of terrorism risk insurance has improved since Sept. 11, 2001. Released on Monday, the reported found that the percentage of companies buying terrorism coverage increased to 58 percent in 2005, up from 27 percent in 2003. The cost of the insurance has fallen generally to between 3 to 5 percent of total property insurance costs. The report attributed the improvement in the market to several factors, including better risk measurement and management, improved modeling of terrorism risk, greater reinsurance capacity and a recovery in the financial health of property and casualty insurers. However, the report also noted that these improvements occurred with the presence of the federal backstop.

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American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
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