Steve Elder serves as Vice President and Senior Commercial Underwriting Counsel for Commonwealth Land Title's National Commercial Services (NCS) operation. He functions as the Lead Underwriter for the Great Lakes Commercial Operations on complex commercial transactions for key customers. While maintaining his own national accounts, Steve assists others in the Great Lakes territory and around the country with various Ohio underwriting matters as a key resource for all commercial staff. He is a liaison between customers, their attorneys, lenders, developers, Commonwealth Land Title’s various National Commercial Services operations, and management. Steve also assists in areas of training, sales & marketing, business development, workflow, compliance, etc. Part of Steve’s duties are to also draft and negotiate policy exceptions, endorsements and escrow agreements and to evaluate risk and approve high risk coverages in accord with state regulations and company guidelines.
Prior to rejoining the company in 2014, Steve was an Ohio attorney who managed, negotiated, and litigated statewide real estate title insurance claims in Ohio’s State and Federal courts. He is a former Regional Manager, Vice President, and Corporate Counsel for Title First Agency, Inc., which was then Ohio’s largest title agency. Steve is also the former Great Lakes Area Claims & Litigation Counsel for Commonwealth Land Title, Chicago Title Insurance Co., Ticor Title Insurance Co., and Security Union Title Insurance Co., where he administered claims for the states of Ohio, Western Pennsylvania, Kentucky and West Virginia. He was simultaneously the Great Lakes Regional Recoupment Coordinator for these three companies. As past State Counsel for Ticor in Ohio and past Associate General Counsel for Midland Title, Steve has been intimately involved with title underwriting matters for many years.
Steve has appeared in trial and appellate courts throughout Ohio (including The Ohio Supreme Court) and has an extensive litigation and appellate background. He has been handling underwriting matters and all aspects of title insurance claims for the past twenty-eight (28) years for various national underwriters. Steve is the author of Service by Publications - Published Legal Notices - Newspapers of “General Circulation - Title Insurance, Title Topics, July 1990. He was on the Education Committee of the OLTA from 2008 - 2011 and was a speaker at the May 1991, 1994, 1996, 2008, 2010, and 2011 OLTA Title Insurance Seminars, as well as at various claims conferences in Ohio, Pennsylvania, Florida, Nebraska, and New York. He has opined as an Expert Witness on title matters. He was also a Realtor associate and/or broker for over twenty-six (26) years. He has run his own title agency and maintains his Title Agent’s License . He is a member of the OLTA and various Bar Associations, as well as a past member of Commonwealth Land Title’s Claims Advisory Council.