Bulletin: FL000063

Date:
April 02, 1997
To:
All Florida Stewart Title Agents
RE:
Florida Drivers License

Dear Associates:

In a previous bulletin dated June 12, 1992, you were advised that a minimum of two forms of identification should be required of any party who is signing documents in connection with the issuance of title insurance.

A recent newspaper article stated that thieves in the Miami area have stolen from drivers license offices all of the equipment needed to produce perfect but forged drivers licenses. In the words of one of the Highway Patrol investigators,". . . There is no doubt in my mind that these were stolen for high-dollar economic crimes."

Accordingly, you are again advised that relying on a Florida drivers license alone is not sufficient identification on which you can rely to issue title insurance coverage.

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:
FL000011 Florida Drivers License
Underwriting Manual:
6.36 Forgeries
Exceptions Manual:
None
Forms:
None