Bulletin: PA2021001

Date:
February 10, 2021
To:
All Pennsylvania Issuing Offices
RE:
UNDERWRITING - New Overlimits - High Liability Form

Dear Associates:

Stewart has updated the form to be submitted for Overlimits approval; the recently updated version of Bulletin SLS2015011 can be found here: https://www.vuwriter.com/en/bulletins/2015-6/sls2015011.html. 

Please use the current Overlimits approval form. 

A fillable PDF version, as well as a blank Microsoft Word version, of the Overlimits Form is available on VU at the following link: https://www.vuwriter.com/en/forms/2020-12/stg-request-for-approval-to-issue-overlimits--large--policy-or-e.html

Please note - paragraph 8, page 2 of the form contains a link to the Pennsylvania Endorsement List Supplement. Please be sure to select all requested endorsements with every submission in order to expedite approval

The updated bulletin also reminds you of the procedure for submitting Overlimits requests. Please complete the current Overlimits request form, sign it (physically or electronically), and email it to PolicyApprovalRequest@stewart.com, with a copy to your Pennsylvania underwriting contact so that the approval request will be assigned to your preferred contact.

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.