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Stewart Title is your trusted partner in real estate. We help simplify the closing process and provide peace of mind that your investment is protected.
New endorsement increases wire fraud sublimits to $500,000 for title industry participants. In response to the wire fraud epidemic facing the title and real estate industry, Stewart Insurance, a subsidiary of Stewart Title Company, announced a new endorsement for select title professionals offering coverage up to $500,000 for all inbound and outbound wire funds transfers when CertifID is used to send and receive wiring instructions. According to the most recent Internet Crime Report from the FBI, Americans lost nearly $150 million to real estate wire fraud scams just last year, which represents more than a 1,000% increase since 2015. In addition to the new endorsement through Stewart Insurance, CertifID guarantees each wire up to $1 million after identities have been confirmed and wiring instructions securely shared.