 |
 |
Alerts & Bulletins:Latest Alerts and BulletinsImportant News for WNCFirst Clients
Should the Borrower be named as an Additional Insured on a lender placed flood policy? Recently, one of our lenders asked if a borrower should be added as an additional insured on a lender placed flood insurance policy. The short answer to this question is an emphatic “No”. To understand why, we need to examine four important facts regarding a force placed flood insurance program. [click here for more] Summary of CA Assembly Bill No. 69 — Mortgage Lender Reporting To curb the tide of imminent foreclosures and get a better handle on the subprime mortgage crisis currently gripping the state, the California Assembly recently passed AB 69 covering state-regulated commercial and industrial banks, credit unions, finance lenders and brokers engaged in servicing loans secured by real property. SUMMARY OF TRIA REAUTHORIZATION ACT OF 2007 To alleviate the fears of a grieving nation and share the risk of providing terrorism coverage to property owners following the attacks of September 11, 2001, Congress passed the Terrorism Risk Insurance Act (TRIA) in 2002. [click here for more] WNC INSURANCE HOLDING CORP. AND WNC INSURANCE SERVICES, INC. APPOINTS INSURANCE INDUSTRY VETERAN WILLIAM KEELER AS PRESIDENT AND CHIEF EXECUTIVE OFFICER Leading Provider of Specialty Insurance Solutions Looks to Further Accelerate Growth and Strengthen Its Market Position (South Pasadena, CA) September 4, 2007 - WNC Insurance Holding Corp. and WNC Insurance Services, Inc. announced on August 22 the appointment of William M. Keeler to the position of President and Chief Executive Officer of both companies. [click here for more] Just days after the official close of the busiest Atlantic hurricane season on record and with one hurricane still churning in the Atlantic, the first 2007 forecast is out already. To the surprise of no one it predicts an active season. Pending litigation in the United States District Court in Pennsylvania. [click here for more] WNC First Relocates to New Corporate Home September 2003 [click here for more]
|