Florida/Georgia Personal Injury & Workers Compensation

...(1984). It was for these reasons that the concept of title insurance was developed and similar reasoning has made the furnishing of title insurance a successful business. It is also appropriate to note that title insurance is not casualty insurance. § 627.784, Fla....

...Stat. (1987). A policy issues based upon the informed opinion of title examining experts employed by the company that title is in the condition expressed in the policy. Krause v. Title & Trust Company of Florida, 390 So.2d 805 (Fla. 5th DCA 1980); § 627.7845, Fla....

...Shada v. Title & Trust Company of Florida, 457 So.2d 553, 557 (Fla. 4th DCA 1984), rev. denied, 464 So.2d 556 (Fla. 1985); McDaniel v. Lawyers' Title Guaranty Fund, 327 So.2d 852, 855 (Fla. 2d DCA 1976). This duty is codified by statute in Florida. § 627.784, Fla....

...'s coverage); Krause, 390 So.2d at 806 (acknowledging that title insurance policies do not presume to insure against infirmities not of record). Florida law requires a title insurer to competently search the record title before issuing a policy. See § 627.784, Fla....

...Florida law requires Commonwealth to insure against adverse matters or title defects recorded during the period between the effective date of the Title Commitment, January 27, 2006, and the effective date of the Policy, April 28, 2006, because Commonwealth’s agent disbursed closing funds. See Fla. Sta. § 627.7841 (2012)....

...��nothing memorable” to say. These are not the actions of a title agent relying on a supposed understanding to the contrary in 2006. Finally, the Court rejects Commonwealth’s argument that Endorsement No. 5 is an illegal insurance contract under § 627.784, and Fla. Admin. Code Rule 69O-186.005(15)(b) and 16(g). 5 Section 627.784 provides that “[a] title insurance policy or guarantee of title may not be issued without regard to the possible existence of adverse matters or defects of title.” Fla....

...Plaintiff coined the name "gap insurance" for the above-mentioned policy. Plaintiff asserts that this policy was casualty insurance according to the definitions in the Florida Insurance Code. At the time in question, title insurance companies were forbidden to issue casualty insurance. See Fla.Stat. § 627.784 as amended by § 627.784 (1981)....

...ion between the time that the title binder or commitment is issued and the time of the recording of the documents creating the estate to be insured, are transacting title insurance on a casualty basis or casualty insurance as prohibited by Fla.Stat. § 627.784....

...�s coverage); Krause, 390 So.2d at 806 (acknowledging that title insurance policies do not presume to insure against infirmities not of record). Florida law requires a title insurer to competently search the record title before issuing a policy. See § 627.784, Fla....