Bulletin: LA2018003

Date:
June 21, 2018
To:
All Louisiana Issuing Offices
RE:
RATES AND/OR FORMS UPDATE - ALTA Commitment 06-17-06 - Decertified Effective August 1, 2018

Dear Associates:

The Louisiana Department of Insurance has approved a Form filing made by Louisiana Title Statistical Services Organization, Inc. (“LATISSO”) effective August 1, 2018, for the documents referenced below.  

ALTA Commitment 06-17-06 - Decertified

The ALTA Commitment 06-17-06 has been decertified by the ALTA. Therefore, LATISSO requested and was granted, approval by the Louisiana Department of Insurance to withdraw the ALTA Commitment 06-17-06 from its form filing effective August 1, 2018.

Although the ALTA Commitment 06/17/06 may be issued until August 1, 2018, we encourage the use of the ALTA Commitment 08-01-16, which was approved for issuance in Louisiana June 1, 2017. As of August 1, 2018, the ALTA Commitment 08-01-16 will be the only commitment available for issuance.

The ALTA Commitment for Title Insurance Adopted 08-01-16 has been assigned the form number LA008UN. It should be noted that a serial number is not required for this Commitment form. Jacket and Schedules that accompany it are posted to www.stewart.com/louisiana in the Forms and Policy Section. Please contact your software support team for assistance with set up.

If you have questions relating to this bulletin, please contact Louisiana Underwriting Personnel at (800) 209-4675 or Stewart Legal Services.

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.

 

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:
ALTA Commitment for Title Insurance 6-17-06 Revised (08-01-16)