Bulletin: NY000270

Date:
November 17, 2005
To:
All Issuing Offices in New York
RE:
Agency Legal Services

In an effort to serve our policy issuing offices as efficiently as possible I am pleased to announce the following changes effective immediately:

Kevin Reilly has been named Manager for the Agency Department for New York State . Working for Kevin as Agency Representatives will be Dan Kutcher, Maria Delia , Judd Staley, and James Shannon. On the legal side, John Killea, the Chief Claims Counsel, has also been appointed General Counsel for Stewart.

To streamline our Legal Services, Stewart has created an Agency Legal Services Group consisting of Harold Boxer, Margaret Ling and Paul Bugoni, attorneys dedicated exclusively to addressing the needs of our agents. The Agency Legal Services Group will be working in conjunction with the Agency Representatives to conduct on site visits, to answer all of your underwriting questions, to quickly approve high liability policies, to conduct seminars and to provide up to the minute assistance for all of our agents. The goal is on the spot responsiveness to make the process as seamless as possible for you.

As our business has grown, particularly in the commercial area, the demands on our Chief Underwriting Counsel, Jim Hyland, have also increased. As such, Jim will continue in his role as Chief Underwriting Counsel for the company but will be focusing on larger more complex transactions, getting legislative and recent court developments to you as quickly as possible, acting as liaison for the company on trade associations for issues affecting our industry, heading our Reinsurance Department, and also writing articles and speaking at seminars to better serve you. Jim will also supervise Yeidy Rodriguez who will handle clearance functions for the Company.

Thankfully, it is rare that any of you interact with our able staff of claims attorneys! That group headed by John Killea consists of Joe Fiore, Rich King, Megan Ross and Alice Mascioli, and assisted by Alma Ynoa. In this era of regulatory scrutiny and increased litigation, the Claims Litigation Group is proud to boast over 85 years worth of legal experience in the real estate/title litigation field.

We think these changes will solidify the relationships we have with all of you. I invite you to visit our website at www.stewartnewyork.com for specific contact information and bios on our team. In the next several weeks you will be hearing from your Agency Representative and a member of the Stewart Agency Legal Team. We are looking forward to growing together.

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.

References

Bulletins Replaced:
None
Related Bulletins:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None