AK2017001 - RATES AND/OR FORMS UPDATE - Rates and Forms update - Alaska | Virtual Underwriter

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Bulletin: AK2017001

v 1

Date: April 20, 2017

To: All Alaska Issuing Offices

RE: RATES AND/OR FORMS UPDATE - Rates and Forms update - Alaska

Dear Associates:

The Alaska Division of Insurance has recently approved a new Stewart Title rate and form filing. The new rates became effective March 31, 2017. The changes are summarized below.

Rate Manual

The rate manual submitted was designed to be most competitive with other major title insuranc...

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:

ALTA Commitment for Title Insurance (6-17-06) Revised (8-1-16) ALTA Endorsement 3.2-06 (Zoning - Land Under Development) (04-02-12) ALTA Endorsement 9-06 (Restrictions, Encroachments, Minerals - Loan Policy) (4-2-12) TC 8-1-16; 12-1-18 ALTA Endorsement 9.1-06 (Covenants, Conditions and Restrictions - Unimproved Land Owner's Policy) (4-2-12) ALTA Endorsement 9.2-06 (Covenants, Conditions and Restrictions - Improved Land Owner's Policy) (4-2-12) ALTA Endorsement 9.3-06 (Covenants, Conditions and Restrictions - Loan Policy) (4-2-12) ALTA Endorsement 9.6-06 (Private Rights - Loan Policy) (4-2-13) ALTA Endorsement 9.6.1-06 (Private Rights - Current Assessments - Loan Policy) (4-2-15) ALTA Endorsement 9.7-06 (Restrictions, Encroachments, Minerals - Land Under Development - Loan Policy) (04-02-12) ALTA Endorsement 9.8-06 (Covenants Conditions and Restrictions - Land Under Development - Owner's Policy) (04-02-12) ALTA Endorsement 9.9-06 (Private Rights - Owner's Policy) (4-2-13) ALTA Endorsement 9.10-06 (Restrictions, Encroachments, Minerals - Current Violations - Loan Policy) (4-2-13) TC 8-1-16 ALTA Endorsement 11.2-06 (Mortgage Modification with Additional Amount of Insurance) (12-2-13) ALTA Endorsement 13-06 (Leasehold - Owner's) (4-2-12) ALTA Endorsement 13.1-06 (Leasehold - Loan) (4-2-12) ALTA Endorsement 19.2-06 (Contiguity - Specified Parcels) (4-2-15) ALTA Endorsement 28.1-06 (Encroachments - Boundaries and Easements) (4-2-12) ALTA Endorsement 28.2-06 (Encroachments - Boundaries and Easements - Described Improvements) (4-2-13) ALTA Endorsement 28.3-06 (Encroachments - Boundaries and Easements - Land Under Development) (4-2-15) TC 12-1-16 ALTA Endorsement 30.1-06 (Commercial Participation Interest) (8-1-12) ALTA Endorsement 32.1-06 (Construction Loan - Direct Payment) (4-2-13) TC 12-1-18 ALTA Endorsement 32.2-06 (Construction Loan - Insured’s Direct Payment) (8-1-12; 4-2-13) TC12-1-18 ALTA Endorsement 35-06 (Minerals and Other Subsurface Substances - Buildings) (4-2-12) TC 8-1-16 ALTA Endorsement 35.1-06 (Minerals and Other Subsurface Substances - Improvements) (4-2-12) TC 8-1-16 ALTA Endorsement 35.2-06 (Minerals and Other Subsurface Substances - Described Improvements) (4-2-12) TC 8-1-16 ALTA Endorsement 35.3-06 (Minerals and Other Subsurface Substances - Land Under Development) (4-2-12) TC 8-1-16 ALTA Endorsement 36-06 (Energy Project - Leasehold/Easement - Owner's) (4-2-12) ALTA Endorsement 36.1-06 (Energy Project - Leasehold/Easement - Loan) (4-2-12) ALTA Endorsement 36.2-06 (Energy Project - Leasehold - Owner's) (4-2-12) ALTA Endorsement 36.3-06 (Energy Project - Leasehold - Loan) (4-2-12) ALTA Endorsement 36.4-06 (Energy Project - Covenants, Conditions and Restrictions - Land Under Development - Owner's) (4-2-12) ALTA Endorsement 36.5-06 (Energy Project - Covenants, Conditions and Restrictions - Land Under Development - Loan) (4-2-12) ALTA Endorsement 36.6-06 (Energy Project - Encroachments) (4-2-12) TC 8-1-16 ALTA Endorsement 36.7-06 (Energy Project - Fee Estate - Owner's Policy) (12-1-14) ALTA Endorsement 36.8-06 (Energy Project - Fee Estate - Loan Policy) (12-1-14) ALTA Endorsement 37-06 (Assignment of Rents or Leases) (12-3-12) ALTA Endorsement 38-06 (Mortgage Tax) (12-03-12) ALTA Endorsement 39-06 (Policy Authentication) (4-2-13) ALTA Endorsement 40-06 (Tax Credit - Owner’s Policy) (4-2-14) ALTA Endorsement 40.1-06 (Tax Credit - Defined Amount - Owner’s Policy) (4-2-14) ALTA Endorsement 41-06 (Water - Buildings) (12-2-13) ALTA Endorsement 41.1-06 (Water- Improvements) (12-2-13) ALTA Endorsement 41.2-06 (Water - Described Improvements) (12-2-13) ALTA Endorsement 41.3-06 (Water - Land Under Development) (12-2-13) ALTA Endorsement 42-06 (Commercial Lender Group) (12-2-13) ALTA Endorsement 43-06 (Anti-Taint) (12-2-13) ALTA Endorsement 44-06 (Insured Mortgage Recording - Loan) (12-2-13) ALTA Endorsement 45-06 (Pari Passu Mortgage - Loan Policy) (12-1-14) ALTA Endorsement 46-06 (Option) (8-1-15) ALTA Endorsement JR 1 (8-1-12) ALTA Endorsement JR 2 (Future Advance) (8-1-12) ALTA Homeowner's Policy 2-3-10 (Revised 12-2-13) ALTA Residential Limited Coverage Junior Loan Policy (8-1-12) ALTA Short Form Residential Limited Coverage Junior Loan Policy (4-2-13) ALTA Short Form Residential Loan Policy (12-3-12)