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LAWYERS PROFESSIONAL LIABILITY

                                                     TITLE AGENCY SUPPLEMENT


1.    Law Firm Name:

      Name of the title insurance agency:

      Address, if different from law firm address:

      Date established:

      Type of entity:

            Proprietorship                                        Partnership
            Corporation                                           Other (Describe):


2.    Is the title insurance agency owned 100% by the law firm or members of the law firm?          Yes          No

      List each owner and their percentage of ownership in the title agency.
                       Owner                          % Ownership                         Owner                    % Ownership
                                                         %                                                           %
                                                         %                                                           %
                                                         %                                                           %
                                                         %                                                           %

3.    List each title insurance company represented, the approximate premium volume placed with each, and the dollar limit of
      responsibility, if any, in the contract with the title agency.
                      Insurance Company                              Premium Volume                Limit of Responsibility*
                                                                $                          $
                                                                $                          $
                                                                $                          $
      * Please include copies of all contracts with dollar limits.

4.    What is the estimated number of closings per month handled through the title agency?

5.    Provide the number of non-lawyer staff employed in the title agency:

6.    Please provide a breakdown of gross revenue for the past fiscal year ending:
                   Activity                   Gross Revenue                 Past Fiscal Year Revenue         Next 12 Months (Est.)
      Title Agency                      $                               $                                   $
      Abstracting                       $                               $                                   $
      Escrow/Closing                    $                               $                                   $
      Other (please describe)           $                               $                                   $
      TOTAL ALL SOURCES                 $                               $                                   $

7.    Does any one client represent more than 10% of the applicant’s annual revenue?                Yes          No

8.    Do you process and issue policies?                                                            Yes          No
      If yes, describe any restrictions placed upon you by the title company:


9.    Does an attorney act as closing agent in all the transactions performed at the agency?        Yes          No
      If not, whom?

10.   Are all policies physically reviewed by the agency generated by your law firm?                Yes          No
      If not, who reviews the policies for accuracy?


11.   Are all closing handled by the title agency generated by your law firm?                       Yes          No

                                                               Page 1 of 2
APLP0013 (8/08)
If not, explain:

12.    Is the title agency currently insured for professional liability?                                   Yes      No
       If, yes, please attach a copy of the policy declarations.


CLAIM INFORMATION

1.    Have any claims or suits been made during the past five years against you, your                      Yes      No
      predecessor(s) in business, or any of your present or past agents?
      If yes, please provide details:

2.    Are you aware of any circumstances which may result in any claim being made against you,             Yes      No
      your predecessor(s) in business, or any of your present or past agents?
      If yes, please provide details:

3.    Has any title insurance policy or application for you, your predecessor(s) in business, or any of    Yes      No
      your present or past agents ever been declined or cancelled?
      If yes, please provide details:


      We declare the information submitted herein is true to the best of our knowledge and that no information has been omitted or
      misrepresented. This information becomes a part of our Lawyers Professional Liability Application. We understand that signing this
      application does not bind the applicant or the Company to complete the insurance.

      We further declare that we have disclosed the following number of claims, suits and incidents with this
      application:




      Signature of Applicant

      Print Name                                           Title                                   Date:


THIS APPLICATION MUST BE SIGNED BY A FIRM PRINCIPAL




                                                                   Page 2 of 2
APLP0013 (8/08)

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Title Agency Supplement Ap

  • 1. LAWYERS PROFESSIONAL LIABILITY TITLE AGENCY SUPPLEMENT 1. Law Firm Name: Name of the title insurance agency: Address, if different from law firm address: Date established: Type of entity: Proprietorship Partnership Corporation Other (Describe): 2. Is the title insurance agency owned 100% by the law firm or members of the law firm? Yes No List each owner and their percentage of ownership in the title agency. Owner % Ownership Owner % Ownership % % % % % % % % 3. List each title insurance company represented, the approximate premium volume placed with each, and the dollar limit of responsibility, if any, in the contract with the title agency. Insurance Company Premium Volume Limit of Responsibility* $ $ $ $ $ $ * Please include copies of all contracts with dollar limits. 4. What is the estimated number of closings per month handled through the title agency? 5. Provide the number of non-lawyer staff employed in the title agency: 6. Please provide a breakdown of gross revenue for the past fiscal year ending: Activity Gross Revenue Past Fiscal Year Revenue Next 12 Months (Est.) Title Agency $ $ $ Abstracting $ $ $ Escrow/Closing $ $ $ Other (please describe) $ $ $ TOTAL ALL SOURCES $ $ $ 7. Does any one client represent more than 10% of the applicant’s annual revenue? Yes No 8. Do you process and issue policies? Yes No If yes, describe any restrictions placed upon you by the title company: 9. Does an attorney act as closing agent in all the transactions performed at the agency? Yes No If not, whom? 10. Are all policies physically reviewed by the agency generated by your law firm? Yes No If not, who reviews the policies for accuracy? 11. Are all closing handled by the title agency generated by your law firm? Yes No Page 1 of 2 APLP0013 (8/08)
  • 2. If not, explain: 12. Is the title agency currently insured for professional liability? Yes No If, yes, please attach a copy of the policy declarations. CLAIM INFORMATION 1. Have any claims or suits been made during the past five years against you, your Yes No predecessor(s) in business, or any of your present or past agents? If yes, please provide details: 2. Are you aware of any circumstances which may result in any claim being made against you, Yes No your predecessor(s) in business, or any of your present or past agents? If yes, please provide details: 3. Has any title insurance policy or application for you, your predecessor(s) in business, or any of Yes No your present or past agents ever been declined or cancelled? If yes, please provide details: We declare the information submitted herein is true to the best of our knowledge and that no information has been omitted or misrepresented. This information becomes a part of our Lawyers Professional Liability Application. We understand that signing this application does not bind the applicant or the Company to complete the insurance. We further declare that we have disclosed the following number of claims, suits and incidents with this application: Signature of Applicant Print Name Title Date: THIS APPLICATION MUST BE SIGNED BY A FIRM PRINCIPAL Page 2 of 2 APLP0013 (8/08)