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Bulletin: MI2017002

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Bulletin: MI2017002

v 1
Date: May 04, 2017
To: All Michigan Issuing Offices
RE: RATES AND/OR FORMS UPDATE - Michigan Residential Rate Manual of Insurance

Dear Associates:

Please be advised that on May 3, 2017, the State of Michigan approved Stewart Title Guaranty Company’s All-Inclusive Residential Schedule Of Charges For Title Insurance in the State of Michigan [see attached] which shall become effective May 15, 2017. 

The changes to the Rate Manual...

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 Endorsement 9.6.1-06 (Private Rights - Current Assessments - Loan Policy) (4-2-15) ALTA Endorsement 18.2-06 (Multiple Tax Parcel) (8-1-16) ALTA Endorsement 19.2-06 (Contiguity - Specified Parcels) (4-2-15) ALTA Endorsement 23.1-06 (Co-Insurance - Multiple Policies) (08-01-16) 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 46-06 (Option) (8-1-15)