Author Archives: Brian H. Merriam, CPCU, ARM, AAI

Brian H. Merriam, CPCU, ARM, AAI

About Brian H. Merriam, CPCU, ARM, AAI

376 Broadway Schenectady, New York 12305 Toll-Free: (877) MERRIAM x 201 (877) 637-7426 x 201 Send Email

Time Keeps Ticking

A closing took place in upstate NY in 1999. During the transaction it was noted that in addition to a mortgage, there was a home equity loan that had been taken out on the home being sold. At the closing it was shown that the home equity loan had been paid off, and a zero balance was due to this secondary lender. The sale was completed, a title policy was issued, and everyone went on their merry way. Unknown to everyone, except the seller

Prevent Mortgage Fraud and Other Claims

Preventing Mortgage Fraud – and the Subsequent Claims In our Professional Liability department, we have seen the lasting impact the continued weakness of the real estate market has had on our many Title Industry Errors and Omissions clients. While there seems to be a light at the end of the tunnel (finally!), the long term impact on the underwriting of these policies will be felt for a long time. Many of our insured attorneys...

What We Know About Title Agents Liability

Did you know that the Merriam Agency has been offering Title Industry Professional Liability (Errors & Omissions) policies since 1992? That means that we have seen a lot of insurance companies enter and exit this market for the past 20 years. While the carriers offering these policies continue to change, we have remained a stable conduit for our clients to continue to get this essential protection for their business year after year from reliable sources at a competitive price.

Fidelity Crime Insurance

Fidelity Insurance, often referred to as “crime” insurance, protects your company from loss of money, securities or other property resulting from employee dishonesty, embezzlement, forgery, burglary, robbery, computer fraud, counterfeiting, wire transfer fraud, and various other criminal acts. You may ask, “Does my Errors and Omissions Policy provide any protection for me for any of the acts listed above? “ The Answer is “NO!” All the acts listed above are deliberate.