- December 31, 2012
- All Wyoming Issuing Offices
- Change to Wyoming Rate & Rules Filing
Stewart Title Guaranty Company has recently filed the following for use in Wyoming. These changes are approved for use in Wyoming as of January 1, 2013.
The approved modification to the rate and rule at Subsection B-2.b.2.reads as follows:
"2. Extended Coverage Owner's Policies
The additional charge for an extended coverage owner's policy is 40% of the basic schedule of charges excepting the following policy issuing situations where the charges are as follows:
-No charge for deleting the standard exceptions (Section B 13 a.-f.) on platted or surveyed residential properties if no lienable work or materials were provided within the prior 150 days.
-$1.50 per thousand of the policy liability amount is the charge for deleting the standard exceptions (Section B 13 a.-f.) on platted or surveyed residential properties if lienable work or materials were provided within the prior 150 days."
The revised Wyoming Rate Manual, containing the above Approved modification to the rate and rule at Subsection B-2.b.2., has been uploaded to the following website:
Any agent using AFW or AFW+ should contact PropertvInfo Customer Care to get the new rate(s) changes implemented in their AFW or AFW + system.
If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.
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.