Underwriting News
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Changes in Cook and DuPage Counties May Affect Your Clients' Transactions
06/03/2025 - 6:14pm
DuPage County, Illinois Recording Fees Increased Due to New Ordinance
REMINDER: Effective June 1, 2025, documents to be recorded in DuPage County, Illinois, are subject to increased recording fees...
Illinois Senate Bill 2648 Aims to Reform Title Insurance Oversight
05/01/2025 - 4:40pm
Lawmakers in Illinois are considering a significant overhaul of the state’s title insurance regulatory framework through the introduction of S.B. 2648.
The new legislation was introduced by state Sen...
FinCEN Renews and Expands Title Insurance Geographic Targeting Order through October 9, 2025
04/15/2025 - 4:44pm
Real Estate Transactions in Cook County, Illinois
The Financial Crimes Enforcement Network (FinCEN) renewed and expanded its Geographic Targeting Orders (GTO) requiring title insurance companies to...
Hold Harmless/Indemnity Letter Requests
03/31/2025 - 9:07pm
A. Overview
An indemnity letter, or hold harmless letter, is an agreement, in letter form given by one title insurance underwriter to another, indemnifying the latter against a particular title...
Filing a Claim Under the 2021 ALTA Policies
03/31/2025 - 11:56am
If a Advocus agent is contacted about a potential claim the agent and their office staff should promptly notify the Advocus Claims Department of the potential claim. Pursuant to Condition 16 of the...
New Wisconsin Law Prohibits Address Disclosure for Protected Persons
03/25/2025 - 4:46pm
Privacy Protections for Judicial Officers
Advocus is alerting its Wisconsin agents to Wisconsin Act 235, effective on April 1, 2025. This new law prohibits disclosure of the residential address of...
Chicago's Department of Housing Implements Northwest Side Preservation Ordinance
02/12/2025 - 12:48pm
In September of 2024, the Chicago City Council approved the Northwest Side Preservation Ordinance. The ordinance increased the surcharge on demolition from $5,000 per unit and $15,000 per building...
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