from The American Heritage® Dictionary of the English Language, 4th Edition
- n. One that insures, especially an insurance underwriter.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. One who insures.
from the GNU version of the Collaborative International Dictionary of English
- n. One who, or that which, insures; the person or company that contracts to indemnify losses for a premium; an underwriter.
from The Century Dictionary and Cyclopedia
- n. One who or that which insures or makes sure or certain.
- n. One who contracts, in consideration of a stipulated payment called a premium, to indemnify a person or company against certain perils or losses, or against a particular event; an underwriter.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a financial institution that sells insurance
Sorry, no etymologies found.
For example, your real-estate closing attorney does not disclose that he is accepting a "kickback" from the title insurer he has hired to safeguard the home you are purchasing.
Cathy Pearson, an elementary school teacher who recently bought her first home, in San Clemente, Calif., says she accepted as “a given” the title insurer chosen by real-estate agents involved in the transaction.
Fidelity National Financial fell 3.30, or 15%, to 19.30 after the title insurer said it would sell 13.3 million shares.
With it, the title insurer will either "perfect the title" or pay any valid claims.
That means the odds of a challenge to your ownership are slim enough that the title insurer is willing to agree to defend you.
The title insurer already owned a 9.5 percent stake.
July 16 (Bloomberg) -- Fidelity National Financial Inc., the title insurer that called the industry an "oligopoly," agreed to sell assets in Oregon and Michigan to settle a regulatory review into anticompetitive practices.
Clearly, the title insurer was also worried about a situation in which untold numbers of former homeowners have their foreclosures overturned.
On Oct. 7, another title insurer, Stewart Title, issued an internal memo making it incredibly difficult - if not impossible - for an agent to write a policy for any foreclosure property connected to any of the now-tainted banks.
According to court records, Schatz paid Allen Matkins nearly $180,000 in fees, but refused to pay another $170,000 after alleging that the firm had a conflict of interest in that it also represented his title insurer in an unrelated suit.
Wordnik is becoming a not-for-profit! Read our announcement here.