New Jersey S.C. Says Underwriter not Liable for Attorney Defalcation

August 12, 2010

Stewart Title Guaranty is not liable for money a now disbarred attorney stole from his clients because the misappropriation of funds took place before the attorney acted as the underwriter’s agent, the New Jersey Supreme Court ruled in overturning a lower court’s decision.

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SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.