- July 05, 2017
- All California Issuing Offices
- RATES AND/OR FORMS UPDATE - Notice of Removal of Section 1.18 - Volume Pricing
The Stewart Title Guaranty Company Schedule of Charges and Forms for Title Insurance in the State of California ("Manual") has been amended and updated and, pending California Department of Insurance approval is anticipated to become effective on August 15, 2017. Of significance is the deletion of Section 1.18 - Volume Pricing.
In the Manual, Definitions; Section 1.18 - Volume Pricing is deleted from the Manual. Please discontinue pricing transactions under this section immediately. Transactions previously priced under Section 1.18 - Volume Pricing may proceed and close with those previously quoted rates.
A bulletin highlighting the remaining changes to the Manual will be provided under separate cover.
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.