Real Estate & Property Law

New Title Insurance Fee

Beginning on Sep. 2, 2014, by order of the Office of Insurance Regulation, all Florida title insurance agents must collect a surcharge of $3.28 per policy to be used to reimburse the receivers assigned to administer the receiverships of two underwriters, National Title Insurance Company and KEL title Insurance Group, Inc. This surcharge will continue until further notice from the Office of Insurance Regulation.