An unpaid claim is a covered claim if the claim:
(1) is:
(A) against trust funds or an escrow account of an impaired title insurance company or agent; or
(B) for money received by an impaired title insurance company, the company's agent, or an authorized agent of the company's agent for deposit into a trust fund or an escrow account; and
(2) is unpaid because of a shortage of those funds or in that account, including a shortage that exists because the money was not deposited by the impaired title insurance company or the company's agent in the fund or account.