1) Relaxed lending standards and increased competition for loans have led to riskier loans and a potential for higher defaults. Title insurance, traditionally used for real estate loans, is now being applied to secured commercial loans as a risk management tool. 2) Title insurance for secured commercial loans, called UCC insurance, insures the validity and priority of a lender's security interest in business assets like equipment and inventory. It protects against defects in loan documentation. 3) UCC insurance is gaining acceptance as a way for lenders to reduce legal risks associated with secured commercial loans, especially with more risky economic conditions expected. It provides efficiency and attention to detail that can strengthen collateral positions.