Lisa Reed

Professional Liability Account Rep
376 Broadway
Schenectady, NY 12301-1038

(877) MERRIAM x 210
(877) 637-7426 x 210

What You Can Do To Fight Wire Fraud

Statistics recently gathered by Beazley Insurance indicate that in 2017 the average theft through fraudulent wiring instructions was $357,000. Some thefts were only a few thousand dollars; however, others were in the millions. Fraudulent wire instructions have become a significant threat to the well-being of title and closing agents. Even if your...

Insurance for Fraudulent Wire Instructions

Fraudulent or faulty wire instructions from cyber criminals are affecting title professionals and closing agents across the United States. Here are two scenarios to consider: A title agent receives revised closing instructions from the seller/seller’s representative. The title company verifies the new closing instructions/wire routing numbers and wires the funds....

Title Industry Protectors: Your E&O Experts

I’d like to take this opportunity to introduce myself and the Merriam Agency to you. Our agency specializes in writing Errors & Omissions coverage for Title Agents. In fact, we have an entire department that focuses exclusively on your business. Over the past several years we have seen drastic changes...

Land Title Association: Get Involved!

Recently, we had the opportunity to attend two of the New York State Land Title Association (NYSLTA) Town Hall meetings. One was held in was held in Tarrytown, New York and the other in Carle Place, New York. I firmly believe that you cannot help your clients unless you understand...