Crisis averted? Fidelity reverses stance on N.C. mechanics’ lien coverage

A month after informing its approved attorneys in North Carolina that it would be curtailing mechanic’s lien coverage and materialmen’s lien coverage in the state unless changes were made to the statutes governing these liens, the Fidelity family of title insurers sent a letter saying that significant progress toward a legislative solution that it will maintain its current policy on mechanic’s lien coverage.