CATIC
At the Vermont CATIC office we provide experienced, flexible, and dependent commercial underwriting and services to purchasers, borrowers, counsel, and lenders. The Vermont team is staffed with experienced commercial attorneys and paralegals for skilled underwriting and prompt policy preparation. We work diligently with all players in the transaction to expedite requests and ensure the title insurance product meets the parties’ expectations promptly.
CATIC is the preferred provider for numerous banks in our footprint, and our policies are universally accepted in the secondary market and by THOUSANDS of lenders nationwide. CATIC is also a member of the American Land Title Association (ALTA), and we are currently licensed as an underwriter to issue policies in more than 20 states. We are a strongly capitalized title insurance underwriter relative to total outstanding policy obligations. We have sustained year-over-year growth and increased statutory surplus for the last several consecutive years.
Policy Amounts
CATIC has a single project limit of $500 million. Representative transactions in Vermont include the following policies: $76 million ski resort; $50 million aviation and technology development area; $33 million housing complex; and $25 million business park.
Like all title insurance underwriters, CATIC protects its insured by re-insuring. CATIC re-insures through a treaty with Lloyds of London.
Services
The local Vermont CATIC office provides the following services to support your transactions and your ongoing professional growth:
- Experienced Commercial Underwriting
- Prompt Risk Decisions
- Immediate Response Time
- Document and Plan Review
- Policy Commitment Preparation or Review
- Competitive Pricing
- Escrow Services through CATIC Commercial Office
- Support through the CATIC Commercial Office located in Hartford, CT
