Bulletin: LA2008001

Date:
August 28, 2008
To:
All Louisiana Issuing Offices
RE:
Change in Rate Rule for ALTA Endorsement 4.1-06 Condominium (06-17-06) and ALTA Endorsement 5.1-06 Planned Unit Development (06-17-06)

Dear Associates:

The Louisiana Department of Insurance has approved the following changes to the LATISSO rate rule for ALTA Endorsement 4.1-06 Condominium (06-17-06) and ALTA Endorsement 5.1-06 Planned Unit Development (06-17-06). These changes are effective immediately.

ALTA ENDORSEMENT FORM 4.1-06 CONDOMINIUM (06-17-06) - OWNER'S or LOAN POLICY

This endorsement insures the insured under an Owner's or Loan Policy against a number of risks with respect to the condominium regime and documentation when attached to a policy in which the insured land is a condominium unit together with its percentage interest in the common area.

The Rate for this endorsement is $50.

ALTA ENDORSEMENT FORM 5.1-06 PLANNED UNIT DEVELOPMENT (06-17-06) - OWNER'S or LOAN POLICY

This endorsement affords multiple forms of coverage to an insured under an Owner's or Loan Policy when attached to a policy in which the insured land is a Planned Unit Development.

The Rate for this endorsement is $50.

The Louisiana Rate and Form Manual has been updated to reflect these changes. The updated manual is available at www.stgla.com.

The Stewart Title Guaranty Louisiana Team is available to assist you.

 

Malcolm Meyer-Louisiana Underwriting Counsel

1-800-209-4675 Ext. 1

Malcolm.A.Meyer@arlaw.com

Rose Anne Seemann-Louisiana Agency Services Rep

1-800-209-4675 Ext. 2

mailto:rseemann@stewart.com

Wayne McDonald-Louisiana Agency Services Manager

1-800-209-4675 Ext. 3

mmcdonal@stewart.com

John Hall-District Agency Manager

1-800-209-4675 Ext. 4

John.Hall@stewart.com

Danielle Brooks-Louisiana Automation Coordinator

1-800-209-4675 Ext. 5

Danielle.Brooks@stewart.com

For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.

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:
LA000016 Rate and Form Filing/ALTA 1-21
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
LA ALTA Endorsement 4.1-06 Condominium (06/17/06)
 
LA ALTA Endorsement 5.1-06 Planned Unit Development (06/17/06)