Liquidation of OneTitle National Guarantee Company Inc.

• Oct, 16
• by Judicial Title
• Take Judicial Notice,Latest News

Liquidation of OneTitle National Guarantee Company Inc.

By order filed on October 6, 2020, the Supreme Court of the State of New York has granted a motion placing OneTitle National Guarantee into liquidation. The order names Linda Lacewell, Superintendent of The Department of Financial Services (DFS) and her successors in office as liquidator.

Pursuant to the order, all existing insurance policies issued by OneTitle shall terminate at 12:01 A.M. local time 30 days after the filing of the order.

The DFS has begun the process of mailing letters to homeowners and lenders who acquired title policies from OneTitle instructing them that their policies will be effectively canceled on November 5, 2020.

If a homeowner would like to continue to have title coverage on their home they may elect to purchase an “Owner in Possession” Policy which would afford them the same coverage as a standard policy.

If you should have any questions please feel free to call 1-800-281-8485 or email info@judicialtitle.com.

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