Inside TIAC: The Insurance Mistakes Title Agents Don’t Realize They’re Making - Casey Withers | S3E12

What happens when an entire industry realizes the insurance marketplace may no longer understand its business? That question led title professionals to build TIAC — a title-specific E&O program built by title people, for title people. In this episode of Keys to Real Estate, TIAC Program Executive Casey Withers breaks down the fundamentals of title agency coverage, risk retention groups, claims-made policies and the insurance details many professionals don’t discover until they’re already in trouble.Chapters:0:00 - Introduction to Casey Withers and TIAC’s history in the title industry2:05 - The origins of TIAC and industry crises in the 1980s4:15 - What makes TIAC different: industry focus and tailored solutions6:30 - The importance of title-specific E&O and understanding policy nuances8:45 - Claims-made policies, retroactive dates, and coverage gaps11:00 - Common misconceptions: cyber coverage, exclusions, and claim processes13:20 - Emerging risks: cyber threats, wire fraud, and bonds in the industry15:50 - Evaluating insurance providers: longevity, claims handling, and endorsements18:10 - The model of risk retention groups: ownership, governance, and benefits20:25 - How agencies should assess limits, deductibles, and renewal timing23:10 - Final advice: stay proactive, ask questions, and review coverage regularlyFor more about TIAC: https://tiacrrg.com/ Get In Touch…Guest email: [email protected] email: [email protected] find more episodes of “Keys to Real Estate” or learn more about October Research – the nation’s leading independent provider of market intelligence, industry news, expert analysis and regulatory information for professionals in the real estate, title, financial and settlement services industries – visit https://www.octoberresearch.com.Episode sponsored by First American Trust – https://www.firstamtrust.comEpisode produced by October Research – https://www.octoberresearch.com