Auditor's Corner
Software Vendors and the Upcoming Rate Increase
This is a friendly reminder that with the upcoming rate increase on December 15th, you may need to reach out to your provider for the new rate package, or any required updates. Though a software vendor may be fully integrated, this only means integrated with CPL access, policy jackets, and search requests (where available).
Title premium rates must be coded by each vendor for each underwriter for each state. Part of the reason is that what the underwriter calls “A;” the Agent calls “B” and the Software vendor calls “C” in terms of the various policies, and rates available.
As a reminder, the StarsLink Rate Calculator is available to confirm rates and to keep a copy of the quote in your files.
We encourage you to reach out to your Software Representative, or your Agency Representative at Old Republic Title with any questions regarding the upcoming rate change.
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