Click the icon to access website
Our professional services are proudly underwritten by
North American Title Insurance Company.
where Every Deal is a Big DEAL
North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of home ownership for over 50 years. In the past several years, we have become known as the “underwriter next door,” because our associates are always easy to reach and our processes are, at all times, quick and straight forward. Our agency application process is fast and transparent for qualified agents.
Our History - Who We Are
North American traces its beginnings to two companies, one in California and one in Florida. North American Title Insurance Company began operating in California on February 15, 1959 under the name First American Aircraft Title Insurance Company. In 1991, North American Title Insurance Company was acquired by a North American holding company, North American Asset Development Corporation, and immediately renamed. In addition to California, North American later became authorized to do business in the states of Arizona, Colorado, Nevada and Oklahoma.
As for North American’s Florida beginnings, Lennar Corporation decided in 1994 that it would enter the title underwriting business to complement its title agency operation. As such, Lennar formed North American Title Insurance Corporation on May 18, 1994. In addition to Florida, North American later became authorized to do business in the states of District of Columbia, Illinois, Maryland, Texas and Virginia.
In 1998, these two companies became affiliates when Lennar’s title holding company, North American Title Group, Inc., acquired North American Asset Development Corporation. North American Title Insurance Company continued its focus on the West Coast of the United States, while North American Title Insurance Corporation expanded in the East Coast.
For some time, it was the vision of the leaders of North American to merge the two underwriters and create one of the largest title insurance underwriters in the country. With this larger size and capitalization, North American would be better positioned to compete with national underwriters for larger residential transactions and become a bigger player in the commercial arena. Effective January 1, 2007, that vision was made a reality when North American Title Insurance Corporation was merged with and into North American Title Insurance Company. What started as two separate and distinct beginnings is now one strong and bright future.
The new North American Title Insurance Company is among the largest title insurance underwriters in the United States. It's authorized to do business in 31 states from coast-to-coast. Demotech, Inc. and LACE Financial (insurance rating agencies) have both rated North American as one of the best capitalized and managed underwriters in the title insurance industry. With a history as unprecedented as this one, North American’s future has no limits
The Significance of Excellent Financial Ratings
The financial stability of a title insurance company is directly related to its claims-paying ability – an important factor in today’s economic environment. For policy holders, lenders and investors, the knowledge that your title insurance company and its resources will be there when you need them is essential. As with other financial institutions, title insurance companies look to independent rating companies to make an impartial determination of financial strength. North American Title Insurance Company (NATIC) has demonstrated the ability to increase statutory surplus levels, post underwriting profits, manage expenses and limit losses. This ability has been recognized by NATIC’s earning exemplary financial ratings from three major rating agencies: Demotech, A.M. Best and Kroll. Compared to both regional underwriters and the large, national underwriters, NATIC’s showing is exceptional. Each agency affirms its ranking in a different format. Financial rating company Demotech, Inc., awarded NATIC the Financial Stability Rating© of “A' (A Prime) Unsurpassed.” In addition, Demotech assigned NATIC a Commercial Real Estate Recommendation (CRER) of “Strongly Recommended.” Title underwriters receiving the CRER recommendation “have adequate financial resources of their own and significant in-house capacity and expertise, or they have access to the necessary resources because of their placement of reinsurance coverage.” Another rigorous, quantitative analysis was undertaken by A.M. Best Company, which assigned a financial strength rating of B++ (Good) and an issuer credit rating of “bbb” to NATIC, with an outlook of “stable” for both ratings. NATIC is one of only two regional underwriters rated by A.M. Best, and has been assigned the highest rating within that category. The third agency, Kroll Bond Rating Agency, Inc., an independent financial analysis and actuarial services company, assigned NATIC a credit rating of “B,” indicating a strong financial condition. Kroll has recognized NATIC as having one of the best financial conditions among companies in its peer group – those with admitted assets of between $25 million and $100 million. These noteworthy ratings all add up to one fact: Regardless of economic downturns or deteriorations of insurance cycles, NATIC possesses unmatched financial strength and stability. For commercial brokers, attorneys, law firms, lenders, builders and developers, the evidence is even clearer. NATIC’s financial resources as well as its responsive and experienced underwriters make NATIC a wise choice for your commercial real estate transaction.
North American Title Insurance Company.
where Every Deal is a Big DEAL
North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of home ownership for over 50 years. In the past several years, we have become known as the “underwriter next door,” because our associates are always easy to reach and our processes are, at all times, quick and straight forward. Our agency application process is fast and transparent for qualified agents.
Our History - Who We Are
North American traces its beginnings to two companies, one in California and one in Florida. North American Title Insurance Company began operating in California on February 15, 1959 under the name First American Aircraft Title Insurance Company. In 1991, North American Title Insurance Company was acquired by a North American holding company, North American Asset Development Corporation, and immediately renamed. In addition to California, North American later became authorized to do business in the states of Arizona, Colorado, Nevada and Oklahoma.
As for North American’s Florida beginnings, Lennar Corporation decided in 1994 that it would enter the title underwriting business to complement its title agency operation. As such, Lennar formed North American Title Insurance Corporation on May 18, 1994. In addition to Florida, North American later became authorized to do business in the states of District of Columbia, Illinois, Maryland, Texas and Virginia.
In 1998, these two companies became affiliates when Lennar’s title holding company, North American Title Group, Inc., acquired North American Asset Development Corporation. North American Title Insurance Company continued its focus on the West Coast of the United States, while North American Title Insurance Corporation expanded in the East Coast.
For some time, it was the vision of the leaders of North American to merge the two underwriters and create one of the largest title insurance underwriters in the country. With this larger size and capitalization, North American would be better positioned to compete with national underwriters for larger residential transactions and become a bigger player in the commercial arena. Effective January 1, 2007, that vision was made a reality when North American Title Insurance Corporation was merged with and into North American Title Insurance Company. What started as two separate and distinct beginnings is now one strong and bright future.
The new North American Title Insurance Company is among the largest title insurance underwriters in the United States. It's authorized to do business in 31 states from coast-to-coast. Demotech, Inc. and LACE Financial (insurance rating agencies) have both rated North American as one of the best capitalized and managed underwriters in the title insurance industry. With a history as unprecedented as this one, North American’s future has no limits
The Significance of Excellent Financial Ratings
The financial stability of a title insurance company is directly related to its claims-paying ability – an important factor in today’s economic environment. For policy holders, lenders and investors, the knowledge that your title insurance company and its resources will be there when you need them is essential. As with other financial institutions, title insurance companies look to independent rating companies to make an impartial determination of financial strength. North American Title Insurance Company (NATIC) has demonstrated the ability to increase statutory surplus levels, post underwriting profits, manage expenses and limit losses. This ability has been recognized by NATIC’s earning exemplary financial ratings from three major rating agencies: Demotech, A.M. Best and Kroll. Compared to both regional underwriters and the large, national underwriters, NATIC’s showing is exceptional. Each agency affirms its ranking in a different format. Financial rating company Demotech, Inc., awarded NATIC the Financial Stability Rating© of “A' (A Prime) Unsurpassed.” In addition, Demotech assigned NATIC a Commercial Real Estate Recommendation (CRER) of “Strongly Recommended.” Title underwriters receiving the CRER recommendation “have adequate financial resources of their own and significant in-house capacity and expertise, or they have access to the necessary resources because of their placement of reinsurance coverage.” Another rigorous, quantitative analysis was undertaken by A.M. Best Company, which assigned a financial strength rating of B++ (Good) and an issuer credit rating of “bbb” to NATIC, with an outlook of “stable” for both ratings. NATIC is one of only two regional underwriters rated by A.M. Best, and has been assigned the highest rating within that category. The third agency, Kroll Bond Rating Agency, Inc., an independent financial analysis and actuarial services company, assigned NATIC a credit rating of “B,” indicating a strong financial condition. Kroll has recognized NATIC as having one of the best financial conditions among companies in its peer group – those with admitted assets of between $25 million and $100 million. These noteworthy ratings all add up to one fact: Regardless of economic downturns or deteriorations of insurance cycles, NATIC possesses unmatched financial strength and stability. For commercial brokers, attorneys, law firms, lenders, builders and developers, the evidence is even clearer. NATIC’s financial resources as well as its responsive and experienced underwriters make NATIC a wise choice for your commercial real estate transaction.