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[+] A little humor for the day - Deborah Manion/VA (1 reply)
1/20/2011 2:00:24 PM (2932 views)

[+] Are you slow too? - F P/VA (20 replies)
1/20/2011 12:34:04 PM (3743 views)

[+] First Title & Escrow - Are They OK? - Bruce Murch/VA (2 replies)
1/19/2011 5:55:29 PM (3351 views)

[+] Shorpy - Leigh Attridge/MA (4 replies)
1/19/2011 5:21:55 PM (3138 views)

[+] What If? - Kevin Ahern/CT (7 replies)
1/19/2011 3:06:49 PM (3152 views)


Real Title Services


[+] Financing Statement - Abstractor/MI (1 reply)
1/19/2011 11:34:26 AM (2946 views)

Lowell Building Inspector Charged with Stealing Home from Elderly Woman - Leigh Attridge/MA
1/19/2011 8:17:50 AM (5212 views)

[+] Public Records Database Idea - William Pattison /CA (10 replies)
1/16/2011 8:44:50 PM (3627 views)

[+] FBI investigating bidders in other states? - William Pattison /CA (2 replies)
1/13/2011 7:16:21 PM (3598 views)

New Jersey issues Order to 6 lenders and servicing providers - CHARLENE  PERRY/MD
1/13/2011 11:14:40 AM (4191 views)

I do believe I have ADD - CHARLENE  PERRY/MD
1/12/2011 3:22:45 PM (2917 views)

[+] capstone title - Christine Sheeler/PA (3 replies)
1/12/2011 2:07:01 PM (3723 views)

[-] Indemnity or Hold Harmless Agreements - Scott Aduddell/MO (22 replies)
1/11/2011 11:20:06 AM (3580 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/11/2011 3:02:15 PM (3773 views)
Re: Indemnity or Hold Harmless Agreements - Barbara Bennett/IN
1/11/2011 7:27:56 PM (3790 views)
Re: Indemnity or Hold Harmless Agreements - Nils Nelson/ME
1/11/2011 8:31:34 PM (5484 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/12/2011 3:31:51 AM (4022 views)
Re: Indemnity or Hold Harmless Agreements - Robert Franco/OH
1/12/2011 10:04:10 AM (3719 views)
Re: Indemnity or Hold Harmless Agreements - Slade Smith/OH
1/13/2011 12:49:44 PM (3726 views)
Re: Indemnity or Hold Harmless Agreements - Leigh Attridge/MA
1/13/2011 3:55:18 PM (3608 views)
Re: Indemnity or Hold Harmless Agreements - Slade Smith
1/13/2011 5:28:20 PM (3689 views)
Re: Indemnity or Hold Harmless Agreements - Leigh Attridge/MA
1/13/2011 6:19:08 PM (3694 views)
Re: Indemnity or Hold Harmless Agreements - Scott Aduddell/MO
1/12/2011 11:26:45 AM (3776 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/12/2011 3:19:38 PM (3628 views)
Re: Indemnity or Hold Harmless Agreements - Matt Burger/VA
1/12/2011 5:51:47 PM (3839 views)

I think we may have gotten the same email this week. I got one of these agreements and there was a glaring General Indemnity section. I immediately went to my E&O policy and found that it specifically excludes those so I would be accepting unlimited liability that is not insured. Of course I cannot do that. I'm exploring my options now as I would very much like to maintain my business with this client. The thing is that the General Indemnity statement is most likely what would exclude the insurance coverage. The attempt to tighten their coverage actually reduces it as I was never going to be able to cover a major claim anyway it was always going to be the insurance comany. The attempt to obligate me further makes it impossible for them to recover. I hope these companies realize that an agreement that they can never collect on holds no real value to them and they will stop the practice. You start to think...isn't that what the title insurance is for? It goes deeper to the aggressive policies of the insurance companies of subrogating all their claims and turning around and demanding payment back through the chain. It would appear as if there is no actual insurance at all but a system set up so that the insurance company never pays any claims. You can sort of understand where the vendor managment company is coming from since there is no insurance just their bank accounts when something goes wrong. Unfortunately either way in the end it still remains impossible to get blood from a stone. The guys on the ground just can't pay, we don't have the money.

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Re: Indemnity or Hold Harmless Agreements - Leigh Attridge/MA
1/12/2011 7:07:09 PM (3625 views)
Re: Indemnity or Hold Harmless Agreements - Matt Burger/VA
1/13/2011 12:09:03 AM (3708 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/13/2011 9:01:20 AM (3834 views)
Re: Indemnity or Hold Harmless Agreements - Robert Franco/OH
1/13/2011 9:17:15 AM (3572 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/13/2011 9:30:46 AM (3571 views)
Re: Indemnity or Hold Harmless Agreements - Leigh Attridge/MA
1/13/2011 9:32:28 AM (3589 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/13/2011 11:26:29 AM (3856 views)
Re: Indemnity or Hold Harmless Agreements - Robert Franco/OH
1/13/2011 9:36:23 AM (3757 views)
Re: Indemnity or Hold Harmless Agreements - Helene /GA
1/19/2011 9:55:22 PM (3608 views)
Re:Example: Indemnity or Hold Harmless Agreements - Karen Hurley/KY
1/17/2011 3:22:20 PM (4126 views)

[+] Flagship Title Services Hampton Va - Teresa Melvin/VA (2 replies)
1/11/2011 10:26:09 AM (5237 views)

Judges Berate Lawyers in Foreclosures - Leigh Attridge/MA
1/11/2011 8:57:02 AM (4233 views)


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