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[+] FBI investigating bidders in other states? - William Pattison /CA (2 replies)
1/13/2011 7:16:21 PM (3698 views)

New Jersey issues Order to 6 lenders and servicing providers - CHARLENE  PERRY/MD
1/13/2011 11:14:40 AM (4291 views)

I do believe I have ADD - CHARLENE  PERRY/MD
1/12/2011 3:22:45 PM (3035 views)

[+] capstone title - Christine Sheeler/PA (3 replies)
1/12/2011 2:07:01 PM (3863 views)

[-] Indemnity or Hold Harmless Agreements - Scott Aduddell/MO (22 replies)
1/11/2011 11:20:06 AM (3702 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/11/2011 3:02:15 PM (4156 views)
Re: Indemnity or Hold Harmless Agreements - Barbara Bennett/IN
1/11/2011 7:27:56 PM (4168 views)
Re: Indemnity or Hold Harmless Agreements - Nils Nelson/ME
1/11/2011 8:31:34 PM (5854 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/12/2011 3:31:51 AM (4412 views)
Re: Indemnity or Hold Harmless Agreements - Robert Franco/OH
1/12/2011 10:04:10 AM (4095 views)
Re: Indemnity or Hold Harmless Agreements - Slade Smith/OH
1/13/2011 12:49:44 PM (4090 views)
Re: Indemnity or Hold Harmless Agreements - Leigh Attridge/MA
1/13/2011 3:55:18 PM (4022 views)
Re: Indemnity or Hold Harmless Agreements - Slade Smith
1/13/2011 5:28:20 PM (4072 views)
Re: Indemnity or Hold Harmless Agreements - Leigh Attridge/MA
1/13/2011 6:19:08 PM (4093 views)
Re: Indemnity or Hold Harmless Agreements - Scott Aduddell/MO
1/12/2011 11:26:45 AM (4169 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/12/2011 3:19:38 PM (4002 views)
Re: Indemnity or Hold Harmless Agreements - Matt Burger/VA
1/12/2011 5:51:47 PM (4214 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 (4002 views)
Re: Indemnity or Hold Harmless Agreements - Matt Burger/VA
1/13/2011 12:09:03 AM (4076 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/13/2011 9:01:20 AM (4228 views)
Re: Indemnity or Hold Harmless Agreements - Robert Franco/OH
1/13/2011 9:17:15 AM (3942 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/13/2011 9:30:46 AM (3943 views)
Re: Indemnity or Hold Harmless Agreements - Leigh Attridge/MA
1/13/2011 9:32:28 AM (3960 views)
Re: Indemnity or Hold Harmless Agreements - Kevin Ahern/CT
1/13/2011 11:26:29 AM (4278 views)
Re: Indemnity or Hold Harmless Agreements - Robert Franco/OH
1/13/2011 9:36:23 AM (4131 views)
Re: Indemnity or Hold Harmless Agreements - Helene /GA
1/19/2011 9:55:22 PM (3965 views)
Re:Example: Indemnity or Hold Harmless Agreements - Karen Hurley/KY
1/17/2011 3:22:20 PM (4499 views)




[+] Flagship Title Services Hampton Va - Teresa Melvin/VA (2 replies)
1/11/2011 10:26:09 AM (5375 views)

Judges Berate Lawyers in Foreclosures - Leigh Attridge/MA
1/11/2011 8:57:02 AM (4357 views)

Foreclosure class action KY - Karen Hurley/KY
1/11/2011 4:13:50 AM (4765 views)

[+] NRE - Anonymous/MD (2 replies)
1/10/2011 12:08:37 PM (3302 views)

[+] Is Law School a Losing Game? - Leigh Attridge/MA (5 replies)
1/8/2011 10:02:29 PM (4739 views)

[+] Comment on "Another Easement Dispute Ends in Murder, Ruined Lives" - Source of Title/OH (6 replies)
1/8/2011 6:54:08 PM (7395 views)

[+] More Info would be nice - Nils Nelson/ME (3 replies)
1/8/2011 2:17:17 PM (3186 views)

[+] Equity Land Transfer, LLC - NON-PAYMENT! - Joyce Obrien/PA (4 replies)
1/8/2011 10:17:07 AM (4027 views)

Dynamic Field Solutions BEWARE - Parise A/IN
1/8/2011 9:52:07 AM (2781 views)

PDF Mass SJC Foreclosure Ruling - Leigh Attridge/MA
1/7/2011 4:09:30 PM (4449 views)


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