So Much Excitement in May!

Hello Members! 

May is officially here…..one of my favorite months because there is so much going on and so much energy being generated when good people get together to talk about industry stuff. I am headed to the ALTA Advocacy Summit in Washington, DC, where I will get a lot more information about the various federal issues affecting us. Then it's FUND ASSEMBLY week! Can't wait to see all of you there in Orlando. Then the following week is the Real Property, Probate and Trust Law Section Convention. Again, I love May!

Speaking of Fund Assembly, registration to attend Live Online ends May 13, so there is still time to register! I looked through the program again today and it really is fantastic! Here is a link to register: http://fundassembly.com.

DoubleTime Retirement Reminder. You may remember that we announced at the end of last year that DoubleTime is retiring on December 31, 2025. I know that may seem like a long time from now, but it will get here earlier than you think. I want to encourage you to think about your post-DoubleTime plans and to start making arrangements for moving to your future closing software. Unfortunately, making the switch is not something you can put off until the last minute. You will need to make sure you have plenty of time to get your new software set up (when was the last time you thought about defaults on your Closing Disclosure?), get yourself and your staff trained and comfortable, and for those of you using DoubleTime escrow accounting, open a new escrow account. To start the process, I encourage you to get a demo of The Fund's preferred closing software, ClosingVue. You can sign up here: https://go.oncehub.com/softwaredemo. And if you already have a ClosingVue account and are not using it or would like a refresher, sign up for one of The Fund's training classes. You can get more details on training here: https://www.thefund.com/closingvue/training.aspx.

Data Call Deadline Reminder. If you do business through a title agency and not a law firm, don't forget about your obligation to comply with the data call. The deadline is May 31, 2024. I know this is an administrative chore but it is so important. In fact, it is the key to making sure the regulators have the "right data" in order to evaluate the premium rates, retention rates and condition of the title insurance industry in Florida. Give them the data they need!

That's all for this week.

Let me know how we can help you.

Melissa Jay Murphy
Executive Vice President, Chief Legal Officer,
and General Counsel