Texas Title Insurance Guaranty Association

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Here are the Latest News of Interest to/from/about the Association:

Southern Star Title's Ibanez Indicted--April 16, 2010: "Rogelio “Roy” Ibanez Jr., 44, of Mission, Texas, was charged with wire fraud and theft from an employee benefit plan in an 11-count indictment returned by a Houston grand jury on Wednesday, March 14, 2010...Ibanez surrendered himself to federal authorities in McAllen, Texas, and made his initial appearance."  The press Release further states, "The indictment alleges Ibanez directed employees of his law firm to transfer approximately $550,000 out of Southern Star Title’s escrow accounts in 2008 without the knowledge or approval of title company employees and that Ibanez stole smaller sums of money from the title company’s 401(k) plan."  [Emphasis added.]


Please read the full U.S. Attorney's Press Release.

Read the full Indictment.
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2/1/2010  A new Guaranty Fee Remittance Form has been approved by the TDI Commissioner in a hearing in 2009.  Please take a look on the Guaranty Fees page of our website.  Reminder to always use the forms from our website.  Using others may delay your remittance and cost everyone time and expense.  Thank you.
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January 21, 2010 -- Notice of Title Plant Sale--Webb County

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Hinojosa pleads guilty -- On January 7, 2010, Edward Hinojosa, former controller and accountant for Webb County Title & Abstract Company, Inc. (now in Receivership), plead guilty to 13 counts of varying degrees of theft, 3 counts of fraud, and 1 count of misapplication of fiduciary property.  While Hinojosa is in Webb County Jail, a recommendation for 12 years to serve is before the judge.  Sentencing is scheduled January 21, 2010.


Please see the article in the Laredo Morning Times.
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11/20/09  The Guaranty Fee Frequently Asked Questions have been updated.  Please take a look on the Guaranty Fees page of our website.
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As of October 23, 2009, the deadline to file Proofs of Claim in the Southern Star Title Company, LLC receivership has been extended to March 31, 2010.  Publication of the notice should commence in a Hidalgo County newspaper soon.
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On May 13, 2009, Edward Hinojosa, former controller and accountant for Webb County Title & Abstract Company, Inc. (now in Receivership), was indicted for multiple counts of theft, forgery & misapplication of fiduciary property.  Also indicted was another employee of the title company, Raul Labrada.


Please see the article in the Laredo Morning Times.

Do you have any questions? Send us an e-mail at:

contact @ ttiga.org

This website is to provide general information only about the Texas Title Insurance Guaranty Association (“TTIGA”).  If, after you review these pages, you have any questions that are not answered, you should call, write, or email us (refer to Contact Us page).  For a definitive statement of the laws governing TTIGA, you must refer to the Texas Title Insurance Guaranty Act (the “Act”), Chapter 2602 of the Texas Insurance Code, and the decisions interpreting it.  The information contained herein is subject to change in the event that the Texas Legislature enacts amendments to the Act.  If there is any inconsistency between this site and any applicable law, then such law will control.  We offer links to other websites but do not guaranty the accuracy or completeness of the information on those websites.
Copyright 2008-2010 Texas Title Insurance Guaranty Association
P.O. Box 2212 * Austin * TX * 78768-2212