- May 23, 2006
- All Issuing Offices
- Underwriting and Retainer Agreement Update
In the event you have not executed a separate amendment to your Underwriting Agreement or Retainer Agreement incorporating the following clause, or you have not executed a revised Underwriting Agreement or Retainer Agreement containing the following clause in Paragraph 3 of the Underwriting Agreement or Paragraph 4 of the Retainer Agreement, this letter will serve as an amendment to either Paragraph 3 of the Underwriting Agreement or Paragraph 4 of the Retainer Agreement, amending said agreements as follows:
If Underwriting Agreement: Company shall indemnify, protect, save, defend and hold Underwriter harmless from any unauthorized use of the forms, materials and manuals, of whatever nature, supplied by Underwriter to Company, whether such forms, materials and manuals are produced electronically, preprinted or otherwise.
If Retainer Agreement: Attorney shall indemnify, protect, save, defend and hold Stewart harmless from any unauthorized use of the forms, materials and manuals, of whatever nature, supplied by Stewart to Attorney, whether such forms, materials and manuals are produced electronically, preprinted or otherwise.
Should you have any question, please do not hesitate to call Stewart Legal Services.
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.