Author Archives: Jennifer Holt, ACSR

Jennifer Holt, ACSR

About Jennifer Holt, ACSR

Service Team Manager
Schenectady, NY 12301-1038

(877) MERRIAM x 206
(877) 637-7426 x 206

What If Your Email Account Was Hacked?

Do you have an action plan in place in the event one of your company’s email accounts is hacked? A recent incident with a Midwest-based title and settlement agent is prompting us to alert our clients to this issue. The particular company had several email addresses that handled a large...

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...

How (Un)Lucky are You?

A few years ago, a fraudulent $1.1 million wire transfer forced an unlucky California escrow company into bankruptcy. The case was an early example of the growing threat of wire fraud, involving both phishing and hacking to get real estate professionals and consumers to wire money directly to fake accounts. Click...