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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

ALTA® Update: National Flood Insurance Program Reauthorization Act of 2003

January 13, 2003

In the opening days of the 108th Congress, Representative Mike Oxley (R-OH) introduced HR 11, the"National Flood Insurance Program Reauthorization Act of 2003" [pdf] , which reauthorizes the program and makes coverage retroactive to January 1, 2003. The bill has passed both the House and Senateand was signed by President Bush on September 13, 2003.

The 107th Congress had adjourned on November 22, 2002, without extending the statutory authority of the Federal Insurance and Mitigation Administration (FIMA), part of the Federal Emergency Management Agency (FEMA), to issue flood insurance policies under the National Flood Insurance Program (NFIP). FIMA's authority to issue policies expired on December 31, 2002. The Flood Disaster Protection Act of 1973, as amended, prohibits lenders from making or renewing loans in special flood hazard areas (SFHA).

Please contact Charlene Nieman,Grassroots & PAC Manager with any questions.

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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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