How can I determine if a title insurer is acceptable?

A title insurer must be:

• duly authorized and licensed, as required, to issue title insurance in the state where the property is located; and
• further evaluated in accordance with the lender’s procedures for title insurer approval, which may include factors such as
  • an acceptable rating from a rating agency,
  • financial strength of the title insurer,
  • adequate reserves,
  • record related to satisfactory title claim resolution, or
  • strength of a reinsurance arrangement subject to the guidelines below.

Note: Iowa Title Guaranty is an acceptable title guarantor for properties located in the state of Iowa.