- May 21, 2010
- All Ohio Issuing Offices
- New Preliminary Judicial Report Forms
The Ohio Title Insurance Rating Bureau has filed an Amended Preliminary Judicial Report and Extended Coverage Preliminary Judicial Report for use in Ohio. These forms have been approved by the Ohio Department of Insurance. The new forms will replace the forms currently in existence, and will be effective as of April 15, 2010.
The rate for the new PJR remains unchanged. The rate for the new Extended Coverage Endorsement carries an additional premium of $0.50 per $1000 of liability, minimum $50.00 and may be attached to any new 2010 PJR form. Copies of the new forms are attached to this Bulletin.
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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.