Bulletin: MT2025002

Dear Associates:

The Montana Division of Insurance has approved Stewart’s latest rate submission, and the new rates are effective July 14, 2025.

A copy of the Revised Montana Manual of Charges and Forms for Title Insurance is available here. 

These rates have been provided to third-party title production system (TPS) vendors. Please contact your TPS vendor or account services representative to have the new/revised rates implemented in your system.

(*) NOTE: Added forms are not available until they are approved by the Montana Department of Securities and Insurance. Expected effective date for forms is TBD, pending department approval. A follow-up bulletin will be sent upon Montana Department of Securities and Insurance Form Filing approval.

A summary of the changes to the Rate Manual is outlined below.

• Added special pricing consideration under Section A General Provisions
• Added Paragraphs 2 Cancellation Charges, 3 Credit for Cancellation Charges on Commitments and 4 TBD or No Concurrent Transaction under Section B Commitments
• Basic Schedule of Charges increase under Section C
• Amended language under Section D Paragraph 6 for 1031 Reverse Exchanges
• Simplified One-to-Four Family Residential Loan Policy Charges increases under Section E, Paragraphs 9 and 10
• ALTA Residential Limited Coverage Mortgage Modification Policy Charges changed from a flat rate to tiered pricing under Section E, Paragraph 11
• Amended language under Section E Paragraph 12 SMART Exceptions
• Added language under Section F Simultaneous Issue
• Amended charges and language under Section G Subdivider/Developer Charge
• Change in charge for a Trustee Sale Guarantee under Section H Paragraph 1
• Change in charge for a Subdivision Guarantee under Section H Paragraph 3
• Amended language under Section I Paragraph 2 for Property in More than One County
• Added and updated endorsements and forms: 
• • ALTA Endorsement 3.3 Zoning - Completed Improvement - Legal Non-Conforming Use 04-02-2024 (*)
  • ALTA Endorsement 3.4 Zoning - No Zoning Classification
  • ALTA Endorsement 10.2 - Collateral Assignments (*)
  • ALTA Endorsement 10.3 - Collateral Assignments and Date Down 04-02-2024 (*)
  • ALTA Endorsement 18.3 Single Tax Parcel and ID (*)
  • ALTA Endorsement 23.1 - Co-Insurance - Multiple Policies
  • ALTA Endorsement 28 Damage or Enforced Removal 04-02-2025 (*)
  • ALTA Endorsement 34.1 - Identified Exception and Identified Risk Coverage
  • ALTA Endorsement 36.9 - Energy Project - Minerals and other Subsurface Substances - Land Under Development 01-02-2025 (*)
  • ALTA Endorsement 42 - Commercial Lender Group 05-02-2024 (*)
  • ALTA Endorsement 47 - Operative Law - 2006 Owners Policy
  • ALTA Endorsement 47.1 - Operative Law - 2006 Loan Policy
  • ALTA Endorsement 47.2 - Operative Law - 2013 Homeowners Policy
  • ALTA Endorsement 47.3 - Operative Law - 2015 Expanded Coverage Residential Loan Policy - Assessments Priority
  • ALTA Endorsement 47.3 - Operative Law - 2015 Expanded Coverage Residential Loan Policy - Current Assessments
  • ALTA Endorsement 48 - Tribal Waivers and Consents 01-10-2025 (*)
  • ALTA Endorsement 48.1 - Tribal Limited Waiver and Consent Agreement 01-02-2025
  • MT General Endorsement (*)
  • STG Post Policy Forgery Endorsement with 2021 ALTA Owners Policy
  • STG Amendment of Covered Risk 10 on 2021 ALTA Loan Policy
  • STG Deletion of PACA-PSA Exclusion
  • STG Gold Homeowner’s Endorsement
  • STG Last Dollar Endorsement
  • STG Secondary Market Endorsement
  • STG Standard Arbitration Endorsement
  • STG Gap Endorsement
  • STG GEC-1 Homeowners Inflation Endorsement
  • STG Option Endorsement
  • CLTA 150 Solar Endorsement (*)
  • CLTA Guarantee No. 2 - Date Down
  • ALTA Short Form Expanded Coverage Residential Loan Policy - Assessments Priority 4-02-2024 (*)
  • ALTA Short Form Expanded Coverage Residential Loan Policy - Current Assessments 04-02-2024 (*)

• Removed endorsements: 
  • ALTA Endorsement 38 – Mortgage Tax
  • Prior Deeds Endorsement 1
  • ALTA Limited Pre-Foreclosure Date Down Endorsement
  • Prior Deeds Endorsement 1
  • UCC Endorsement
  • MT Impairment of Lien by Use Agreement for Multifamily Projects (HUD)
  • CLTA 100.16 Homeowners Association Lien
  • CLTA 100.30 and 100.31 Physical Damage by Mineral Estate Holder
  • CLTA 126.1 Comprehensive Coverage for Homeowner
  • CLTA 126.2 Comprehensive Coverage for Condominium Homeowner
  • CLTA 126.3 Residential Structure – No Limitation

• Centralized Processing Loan and Refinance Rate (CPLR) has been added to Schedule A, Paragraph III
• Limited Coverage STG Home Equity Loan Policy (HELP) has been added to Schedule A, Paragraph IV

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.