North American Title Insurance Company (NATIC) Enters Oregon State! - Insurance News | InsuranceNewsNet

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November 13, 2012 Newswires
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North American Title Insurance Company (NATIC) Enters Oregon State!

PR Web

Miami, Florida (PRWEB) November 13, 2012

North American Title Insurance Company (NATIC) has received the certificate of authority from the Oregon Insurance Division which grants them the ability to insure real estate titles in the State of Oregon. With the addition of Oregon, NATIC now does business in 30 states, bringing the company closer to accomplishing its growth strategy, of reaching all the major metropolitan areas of the United States. Indiana and Idaho are currently pending applications while the company is in the process of submitting applications in several other states.

NATIC appeals to agents who are determined to achieve increased results. The company’s independent agents have exclusive access to its resources, tools, and advanced technology. These leading innovations make it easier for NATIC’s agents to offer the real estate community services designed to sharpen their competitive edge in the marketplace. NATIC is regarded for its distinctive title production solutions and exceptional pricing programs.

Among the top ten title insurance underwriters in the United States, North American Title Insurance Company is ranked 6th in the nation (by policyholder surplus). Now covering nearly two-thirds of the nation, NATIC earned the highest financial stability ranking in its class, with a Demotech® Rating of A’ Unsurpassed. Kroll® Bond Rating Agency has previously rated NATIC one of the best-capitalized and managed underwriters in its peer group in the title insurance industry. With the company’s pioneering history and targeted future, it is determined to make great strides in the industry.

"Entering the Oregon market brings us one step closer to achieving our expansion goals in the Pacific Northwest,” said Emilio Fernandez, President, North American Title Insurance Company. “Now we will focus on other key states in the area. We look forward to offering our distinctive services in a state with such distinguished service standards. We truly feel NATIC will exceed the needs of this market’s service models, which will attract those Oregon independent title agents who are looking for service excellence and a true business partner in their underwriter. A new kind of underwriter is in town and we're looking for the best agents around."

Agents interested in learning more can call 1.800.374.8475, email join (at) natic (dot) com or visit http://www.natic.com

About North American Title Insurance Company (NATIC)

North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter helping customers achieve the American dream of home ownership for over 50 years. NATIC, through its affiliated agency NATC, and vast network of independent agents, conducts real estate settlement services in 30 states. NATIC earned the reputation as the “underwriter next door,” because their associates are always easy to reach and their processes are, at all times, quick and straightforward. The NATIC agency application process is fast and transparent for qualified agents. NATIC has a one-hour underwriting response guarantee that is unparalleled in the industry.

NATIC is the largest capitalized company in Peer Group 2, which groups companies with capitalization between $25,000,000 and $100,000,000, as determined by Kroll Bond Rating Agency, Inc. NATIC is ranked 8th by The Performance of the Title Insurance Underwriters© in terms of cash or cash equivalents. North American Title Insurance Company maintains over $67,000,000.00 in cash or cash equivalents. This represents over 92% of the company’s assets and is characteristic of the most important attribute to Title Protection, namely, Financial Responsibility.

Demotech, Inc. awarded NATIC a rating of: A’ (A Prime) Unsurpassed. NATIC is headquartered in Miami, Florida. To learn more, visit http://www.natic.com
For more information contact Geoffrey Ginn, Vice President & Independent Agency Division Manager:
t: 866-596-2842
e: join (at) natic (dot) com

Read the full story at http://www.prweb.com/releases/2012/11/prweb10122964.htm

Copyright:  (c) 2012 PRWEB.COM Newswire
Wordcount:  601

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