The Role of the Monoline Requirement in Assuring Title Insurance Effectiveness

Topics:
Insurance
Tags:
Business Operations,
Corporate Insurance,
Finance,
Financial Planning,
Insurance,
Real Estate,
Title Insurance
Source:
American Land Title Association

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Overview: A "monoline" requirement, i.e., the statutory restriction of companies writing a particular line of insurance to writing only that line, occurs today in just three property-casualty lines: title insurance, mortgage guaranty insurance, and financial guaranty insurance. In light of the trend toward the elimination of specialization for all types of financial institutions, the paper investigates whether the monoline restriction still makes sense for title insurance.

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Format: PDF | Size: 225KB | Date: Dec 2004 | Pages: 28

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