Creditor's rights coverage can only be approved by this person.
Who is nobody? The Company does not issue creditors’ rights coverage on any policy. No person or agent has the authority to commit the Company to issuing creditors’ rights coverage in any form.
Special approval will be needed if we're being asked to insure a bankruptcy sale of commercial property free and clear (under 11 U.S.C. Section 363) before this special time frame expires.
What is the 14 day appeal period?
Only staff from this senior level office may approve insuring land where a Native American Tribe or a corporate entity created by a Native American tribe is one of the parties to a transaction.
What is the Chief Underwriting Counsel's Office?
As long as the liability amount is $75M or less he can approve transactions involving boat slip condominiums ("dockominiums"), insuring a change in use of land from a golf course, park or green area to residential or commercial use.
Who is Regional Counsel?