Bulletin: TX2011002

Date:
April 28, 2011
To:
All Texas Issuing Offices
RE:
2011 Schedule D

Dear Associates:   

After discussion with the Texas Department of Insurance and to assist them with handling licensing of title insurance agents and direct operations, we have revised our Schedule D to read as follows:

SCHEDULE D 

The information contained in this Schedule (D) does not affect title to or the lien upon the land described in Schedule A hereof, to be insured in any policy (ies) of title insurance to be issued in accordance with this Commitment.  

As to Stewart Title Guaranty Company, the Underwriter herein, the following disclosures are made:  

A-1.     Shareholders owning, controlling or holding, either personally or beneficially, 10% or more of the shares of Stewart Title Guaranty Company as of the last day of the year preceding the date hereinabove set forth are as follows: 

Stewart Information Services Corporation -100% 

A-2.     The members of the Board of Directors of Stewart Title Guaranty Company as of the last day of the year preceding the date hereinabove set forth are as follows:  Bruce Belin, Malcolm Morris, Charles F. Howard, Michael B. Skalka, Matthew Morris, Stewart Morris, Stewart Morris Jr.  

A-3.     The ten designated officers of Stewart Title Guaranty Company as of the last day of the year preceding the date hereinabove set forth are as follows: Stewart Morris, Jr., Senior Chairman of the Board & Assistant Secretary, Malcolm Morris, Chairman of the Board, Chief Executive Officer & Assistant Secretary, Michael B. Skalka, President and Director of Global Underwriting Services, Matthew Morris, Senior Executive Vice President, J. Allen Berryman, Executive Vice President, Chief Financial Officer and Assistant Secretary-Treasurer, George Houghton, Executive Vice President-Agency Services, John L. Killea, Executive Vice President-General Counsel, Paul Sands, Executive Vice President-National Title Services Director, Mark Winter, Executive Vice President-Public Policy, Richard Black, Senior Vice President-Underwriting Counsel.

This change is effective for all commitments issued after May 1, 2011.

This new Schedule D is available in our National Forms Library and in Virtual Underwriter. AIM for Windows customers, please contact Stewart Preferred Service Support at 866.880.2658 or email at service@regionbsupport.com for information on changing Schedule D within your system.  For all other offices and agents, please make these changes as soon as possible to remain in compliance with Procedural Rule P-21. 

If you have questions related to this bulletin, please contact your local underwriting personnel or Stewart Legal Services.

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.

References

Bulletins Replaced:
None
Related Bulletins:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
T-7 TX Commitment