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(blue star) Public Page

Status:

Status
titleMaintenance Mode

Info

ANTITRUST STATEMENT

As participants in this meeting, we need to be mindful of the constraints of antitrust laws. There shall be no discussions of agreements or concerted actions that may restrain competition. This prohibition includes the exchange of information concerning individual prices, rates, coverages, market practices, claims settlement practices, or any other competitive aspect of an individual company’s operation. Each participant is obligated to speak up immediately for the purpose of preventing any discussion falling outside these bounds.

(blue star) Operating Guidelines

  • To incorporate all potential business entities in the business processes with Titling Services.

  • To work with the Titling Committee to respond to group goals and timelines.

  • To provide an open working relationship with the Titling Committee within the antitrust guidelines.

  • To adhere to existing standards for electronic signatures and notarizations.

  • To coordinate all standards development with NMVTIS and related vendors.



Background

The Motor Titling Committee was created when Insurance adjusters across the country are calling lien holders to obtain lien pay off balances and chasing owners for title signatures or power of attorneys’.  Automating this process to send an electronic communication and accept electronic signatures to/from the lien holders/owners, would lead to a more efficient process for all parties involved. 

CIECA aligned the CIECA Standards Development Committees with the CIECA Products. The Motor Titling Committee was renamed Titling Committee.

Mission

CIECA’s Titling Committee’s goal is to develop and maintain messaging standards and codes aimed at reducing processing time and errors in the lien release process.  Standards will benefit lienholders, insurers, and vehicle owners in expediting lien releases on total loss vehicles. 

All business needs will be identified to enable the lien release process to move electronically between parties.  Having standards allows the resolution of issues surrounding the lien release process, allows for accurate and timely transfer of funds, and reduces the need for multiple personal contacts.  

Consumers demand a more timely and efficient process, and setting standards is the first step toward this goal.

(blue star) Industry Segments

Data Recipients

Department of Motor Vehicles (DMV)

DMV Interface Companies

Electronic Document/Signature Companies

Information Provider

Lienholders

Salvage Buyers

Salvage Provider

Salvage Vendors/Salvors

Title Clearinghouse Companies/Third Party Administrators

Title Warehousing Companies

Vehicle Owners

Vehicle Resale Providers


Meet the team

If you have questions on the committee’s activities, please contact a recent attendee.  If there is no date in column 1, they have not participated.

Chair(s):      Ginny Whelan

Name

Affiliation

Industry Segment

Last Attended