THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.
Bulletin: CO000031
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Bulletin: CO000031
Dear Associates:
TITLE RATE RE-FILING
As of October 31, 2000, Stewart Title Guaranty Company ("STG") will be refiling with the Division of Insurance the title rate filings for the entire State of Colorado ("New Filing"). If you have previous STG title rate filings for the counties in which you write title insurance for STG, this New Filing will not affect your existing filed rates; unless you subsequently adopt the applicable "zone" rates in the New Filing.
FILINGS FOR ESCROW, CLOSING AND SETTLEMENT CHARGES
The New Filing will not include fees for escrow, closing and settlement charges. To the extent that your agency has been relying on previous filings for escrow, closing and settlement charges filed by STG, you will no longer be able to rely on such filings. Therefore, a separate filing for escrow, closing and settlement charges will need to be filed by your agency.
ASSISTANCE AND QUESTIONS
Please contact Arlen Taylor should you need assistance in obtaining the correct forms for filing escrow, closing and settlement charges and, if applicable, for adopting the title rates for your "zone" within the New Filing. If you have any questions in regard to this please feel free to contact Arlen Taylor or any regional underwriting personnel.
References
- Bulletins Replaced:
- None
- Related Bulletins:
- Underwriting Manual:
- None
- Exceptions Manual:
- None
- Forms:
- None