According to Missouri law, do title insurers possess more than two authorized powers?

Under Missouri law, title insurers are granted a limited set of specific powers that include the authority to issue title insurance policies, handle escrow services, and perform other functions directly related to title insurance and real estate transactions. These powers are strictly regulated, reflecting the focused nature of the title insurance industry.

The emphasis is on ensuring that title insurers operate within defined parameters to maintain consumer protection and the integrity of title transactions. Unlike other types of insurance companies that may have broader operational authorities, title insurers do not possess more than two authorized powers as they are subject to stringent regulations designed to prevent abuse and ensure accountability.

Therefore, the correct answer indicates that title insurers only have specific authorized powers, aligning with the regulations established in Missouri law.