Bulletin: FL000074

Date:
July 13, 1998
To:
All Florida Offices and Agents
RE:
Keys Title vs. Department of Insurance - Revisited Statistical Data Reporting to Insurance Department

Dear Associates:

Contrary to its previously announced decision, the Insurance Department has reversed itself and has filed a Notice of Appeal in this matter, considering the decision to be of some considerable importance to the regulation of the title insurance industry. We will advise you further as the case progresses through the legal system.

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:
FL000073 Keys Title vs. Department of Insurance Statistical Data Reporting to Insurance Department
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None