Bulletin: MI2010005

Date:
July 29, 2010
To:
All Michigan Issuing Offices
RE:
New Michigan Forms Package

Dear Associates:

Please be advised that we have created a new set of forms (commitment, policies, schedules and endorsements) for your use. To access the Company's new forms, please go to the new Stewart Title website, www.stewart.com/michigan.  This website will contain not only all of our new forms, but the Company rate manuals, links to Virtual Underwriter to access all our bulletins and alerts, and other important information. We shall update that website with all newly introduced or revised forms and will advise you of any changes by future Bulletin. You may begin using the forms immediately upon receipt, but no later than October 1, 2010. At that time, please discontinue use of any other Stewart forms.

Included with the forms is an Index that identifies each form, its corresponding form number, designates whether approval is required for issuance, and if there is a charge for the endorsement. Please contact the Michigan Legal Department for those endorsements requiring approval as well as for the issuance of any endorsement not reflected on the Index. Always use the correct form number when issuing the form.

As you are aware, all policy forms are to be acquired through Stewart Title's STEPS program for tracking and remittance purposes. Please disseminate this bulletin to all appropriate office personnel and assure that all employees are using the forms by the date indicated above.

This Bulletin relates solely to Michigan.

If you have questions relating to this or other bulletins, please contact your local underwriting personnel or Stewart Legal Services.

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:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None