If last-minute issues create an impasse when a transaction is nearly complete, Representations and Warranties insurance can be utilized to remove obstacles and facilitate closure.
The people who worked together to make SB 863 a reality need to continue to work together to preserve the savings elements designed into the bill.|The people who worked together to make SB 863 a reality need to continue to work together to preserve the savings elements designed into the bill.
While your ultimate choice of an insurance company may be restricted based on the type of insurance you need, the priority should always be to seek a high-quality provider, regardless of whether the company is admitted or non-admitted.
The MCARE law in Pennsylvania is an example of why a governmental entity should never get involved in insurance because they do not understand what insurance is or how it works in the real world.