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Ch. 4 – Rating & Billing
Description
Rating refers to the calculation of the title insurance premium in accordance with Rules 69O-186.003 and 69O-186.005, F.A.C. The title insurance premium is the charge made by a title insurer for a title insurance policy inclusive of compensation for determining insurability in accordance with sound underwriting practices based upon evaluation of a reasonable title search and clearance of underwriting objections and requirements to eliminate risk. An overview of rating and billing procedures is included in this presentation.
Michael Rothman, Senior Manager, Legal Education,
Old Republic Title
Michael Rothman joined The Fund in 2017. As Senior Manager, he is responsible for supervising the preparation and delivery of all Agent Education Department content, including its CLE-accredited webinars and seminars, and live training classes, including New Agent Training and Commercial Training. Previously, Mr. Rothman was a partner in the Miami firm of Rothman & Tobin, P.A., where he served as an outside claims counsel for The Fund, assisting in the resolution of title claims for its insured owners and lenders. Mr. Rothman also was a long-time title agent that handled residential and commercial closings and represented some of Florida’s premier homebuilders in many south and central Florida communities, including Weston, Celebration, Baldwin Park and Lake Nona.
Phone: (321) 300-7162
Email: mrothman@oldrepublictitle.com
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