Best Practices

Premier Title has always prided itself in regard to maintaining proactive strategies and procedures that reflect high standards of safeguarding itself, vendors, employees, and its consumer’s personal information. These policies that Premier Title has maintained mirror those which ALTA has deemed its Best Practices Compliance Framework. Premier Title conducts all aspects of its business according to the Best Practice pillars:

 

  1. Premier has established and maintains all current License(s) as required to conduct the business of title insurance and settlement services so as to ensure Premier remains in good standing with all states that Premier operates in.
     
  2. Premier has adopted and maintains appropriate written procedures and controls for Escrow Trust Accounts that includes reconciliation processes and daily procedures that safeguard Escrow funds and ensure accuracy of accounting.
     
  3. Premier has adopted and maintains a written Privacy and Information Security Program to protect Non-public Personal Information as required by local, state and federal law. The program reflects Premier’s size and complexity, the nature and scope of Premier’s activities, and the sensitivity of the customer information Premier handles.
     
  4. Premier has adopted standard real estate settlement procedures and policies that help ensure compliance with Federal and State Consumer Financial Laws as applicable to the Settlement process so as to ensure Premier can meet state, federal, and contractual obligations governing the Settlement process.
     
  5. Premier has adopted and maintains written procedures related to Title Policy Production, Delivery, Reporting and Premium Remittance so as to ensure Premier can meet all of their legal and contractual obligations.
     
  6. Premier maintains appropriate Professional Liability Insurance and Fidelity Coverage so as to ensure Premier maintains the financial capacity to stand behind all of its Professional Services.
     
  7. Premier has adopted and maintains written procedures for resolving Consumer Complaints so as to ensure reported instances of poor service or non-compliance do not go undiscovered.