Title Company’s Crime Policy Covers Fraudulent Wire Transfer

February 21, 2023

The United States Court of Appeals for the Fifth Circuit on Feb. 1 upheld a lower court ruling finding that a title company was wrongly denied coverage under its crime protection policy for a wire fraud involving a loan payoff. While this case is not slated for publication and can’t be serve as a precedent, it can prove instructive for title companies looking to make claims under a crime policy for a payoff fraud. 

Please Log In to View


Contact ALTA at 202-296-3671 or communications@alta.org.