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Real Title Agency Services



Alessandro A. Iuppa was initially appointed Maine’s Superintendent of the Insurance January 1998 and was re appointed to a second term by Governor Baldacci in March 2004. He is an active participant on insurance issues at both the national and international levels. In December 2004 he was elected President elect of the National Association of Insurance Commissioners; he will assume the office of President in December 2005. He currently serves on a number of NAIC Committees including the Executive Committee, Reinsurance Task Force and the International Insurance Committee.
 
The Bureau of Insurance, within the Department of Professional and Financial Regulation, regulates the insurance industry for solvency and consumer protection. It does so through its examining and licensing procedures of insurance companies, by licensing producers, by reviewing rates and coverage forms, conducting audits, and by sponsoring programs that enhance awareness of and compliance with State laws. The Bureau has statutory authority to enforce the State’s laws and rules pertaining to insurance, and it initiates investigations and holds hearings concerning possible infractions of them.
 
Most home owner’s policy contracts require you to carry 80, 90 or 100percent of the replacement cost of your home; that is the amount to rebuild the same structure in the event of a total loss. This means that once the replacement cost of your home is established, you must carry no less than the required percentage of that amount in order to avoid insurance to value penalties on partial losses.
 
The company is good at what ever they do and that is demonstrated by the fact that they have one of the highest client retention rates in the technology services industry. Their clients' success is mirrored in the company’s own financial performance. The Company has achieved record growth with revenues climbing thirty percent annually.

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