Miami, Fla. (PRWEB) April 02, 2014
North American Title Insurance Co. (NATIC) has announced the retirement of Ronald J. Maas, Esq., as Mid Atlantic Region underwriting counsel. Maas has 36 years of legal experience, having previously served as state underwriting counsel with another major title insurance underwriter, as president of his own title agency, and formerly as an underwriter for a major mortgage corporation.
“Ron has been an integral member of our team and was a critical hire when we were first breaking into the independent agency market,” said Emilio Fernandez, NATIC president. “His well-grounded reputation and sound, yet practical, approach to underwriting resonated among our agents and became a key differentiator between NATIC and others in the marketplace.
“He helped build the strong underwriting foundation we needed to grow our company and allowed us to then attract the best agents in the industry,” added Fernandez. “We thank Ron for his service and wish him well as he retires and begins a new chapter in his life.”
Mark Heacock now serves as Mid Atlantic Region underwriting counsel. He is located in Chantilly, Va., and may be reached at (800) 374-8475.
About North American Title Insurance Co. (NATIC)
North American Title Insurance Co. (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve the goal of true business success for over 50 years. NATIC conducts real estate settlement services in 35 states. NATIC earned the reputation as the “underwriter next door,” because their decision makers and associates are easy to reach and their processes are quick and straight forward. The NATIC agency application process is fast and transparent for qualified agents. NATIC has a one-hour underwriting response guarantee that is unparalleled in the industry.
NATIC is the largest capitalized company in Peer Group 2, which groups companies with capitalization between $25 million and $100 million as determined by Kroll Bond Rating Agency, Inc. NATIC is ranked 7th by The Performance of the Title Insurance Underwriters© in terms of cash or cash equivalents. North American Title Insurance Co. maintains over $82 million* in cash or invested assets. This represents over 96 percent of the company’s assets and is characteristic of the most important attribute to title protection, namely, financial responsibility.
Demotech, Inc. awarded NATIC a rating of: A' (A Prime) Unsurpassed. A.M Best rated B++ (Good). NATIC is headquartered in Miami, Fla. To learn more, visit http://www.natic.com.