Shannon Skurner photo_2008_small
Shannon Skurner
Vice President 
888-678-1700
sskurner@oldrepublictitle.com

Bulletin

 

 

Please see the Bulletin below detailing the results of the Consent Order regarding the 2006 Rate Hearing that has just been published by The Texas Department of Insurance.    

 

Regards,

Shannon Skurner

2006 Rate Hearing Consent Order Published

The Texas Department of Insurance has published a Consent Order in the matter of the 2006 Rate Hearing. This Consent Order recognizes the uncertain state of the real estate industry and all parties to the hearing agreed that no increase or decrease in title insurance rates should occur at this time.  There will be no change in the rates for title insurance.

To view the complete Consent Order, please visit: http://www.tlta.com/publications/breakingnews/ConsentOrder-signed.pdf

This Consent Order applies only to the ratemaking phase of the 2006 Hearing. There are several agenda items pending from the rulemaking phase of the Hearing that have not been adopted. Old Republic will alert you when these items are adopted or rejected by the Commissioner.

Please note that the proposed changes to P-24 submitted by the Sierra Group and by the Texas Department of Insurance as Agenda Item 2006-65 and Agenda Item 2006-67 have been withdrawn. Therefore, the current rule remains in place.

Should you have any questions or require further information, please contact
David Rhodes or Steve Streiff in our Legal Department.

 

David Rhodes Photo4
David Rhodes
Senior Underwriting Counsel
888-678-1700
drhodes@oldrepublictitle.com

Steve Streiff Photo02
Steve Streiff
Underwriting Counsel
888-678-1700
sstreiff@oldrepublictitle.com

FTAF 6

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