Three months after suspending the issuance of new policies due to financial difficulties, Southern Title Insurance Corp. was placed into receivership Dec. 20 by the Circuit Court of the City of Richmond. A moratorium has been placed on the payment of claims until the receiver completes an evaluation of Southern Title’s financial condition.
Please note this Southern Title is a Richmond based insurer and in no way associated with the Southern Title family of companies (title agencies) headquartered in Daytona.