Title insurance on Polish market
Polish developers have been eagerly awaiting the new insurance offer. Although 6 months ago TFAC did not want to give insurance for the most serious kinds of risk - such as claims from previous owners - it is now going to do so. TFAC will mainly look for clients in Warsaw, where the number of such claims is estimated at 14,000. It is hard to say whether title insurance, which brings a lot of money in the US and Canada, will prove successful in Poland. (Puls Biznesu, p.8) M.M