- July 02, 1997
- All Issuing Offices
- Revised Rate Manual Effective August 1, 1997
We are delighted to announce the revised Manual of Rates and Charges which will be effective on August 1, 1997 as to all applications and orders received on or after that date, is available through the New Jersey District office. This manual reflects the rate increase of 8.9% approved by the Department of Banking and Insurance. Please note all premium rate brackets have increased and the settlement charges have also increased. Please make sure all of your associates are familiar with the new rates and charges before August 1, 1997. You should replace all pages of the existing manual with the enclosed.
If you have any questions, please call the New Jersey District office.
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.