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COMMISSIONER'S BULLETIN # B-0012-13

June 18, 2013


To: TEXAS TITLE INSURANCE AGENTS


Re: 2013 TEXAS TITLE INSURANCE AGENT EXPERIENCE REPORT SUBMISSION FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2012

The Texas Department of Insurance issues this mandatory data call under Texas Insurance Code §2703.153, which requires each title insurance company and title insurance agent engaged in the business of title insurance to annually submit certain data to the department.

You must return the attached Acknowledgement of Receipt and Listing of Branch Offices form by fax or email no later than June 24, 2013. The complete set of forms and instructions related to this data call are not included with this mailing, but you may download them from the TDI Title Bulletins web page at tdi.texas.gov/bulletins/index.html.

You may submit your response to the department by mail, hand delivery, or email, but the department must receive your submission on or before August 2, 2013. Additional requirements for submitting your data are outlined below.

Title Agent Call for Experience


All Texas title insurance agents must submit Texas title insurance experience according to the General Instruction Manual for Texas Title Insurance Agent Experience Report Submission. You must complete and submit the affidavit to attest to the accuracy of your report. You may not alter any of the exhibit forms, except to complete the required information. If it is necessary to explain any of the items reported, please do so in a separate attachment or on the addendum page of the Texas Title Insurance Agent Experience Report Submission form.

If you are submitting information electronically, you must do so using the interactive PDF Texas Title Insurance Agent Experience Report Submission form. To use the interactive form, you must have Adobe Reader version 9.0 or higher on your computer. If you do not have Adobe Reader, you can get it free from Adobe at get.adobe.com/reader.

Agent/Underwriter Premium Split


The agent/underwriter split of 85:15 percent was in effect for all of calendar year 2012, under Procedural Rule P-23 Division of Premiums between Title Insurance Agents and Title Insurance Companies.

If you are submitting your response by email, send the email to betty.flores@tdi.texas.gov . Your submission must include:

• an attached PDF file for the Texas Title Insurance Agent Experience Report Submission or .xml data file, and
• a scanned or faxed copy of the signed and notarized affidavit.

If you are submitting your response by mail or hand delivery, your submission must include:

• an original completed copy of the Texas Title Insurance Agent Experience Report Submission form, and
• a signed and notarized affidavit.

Delivery address:

By mail:

Betty Flores
Texas Department of Insurance
Data Services MC 105-5D
P.O. Box 149104
Austin, TX 78714-9104

By courier:

Betty Flores
Texas Department of Insurance
Data Services MC 105-5D
333 Guadalupe Street
Austin, TX 78701

All submissions must be received by the department on or before August 2, 2013.

Title agencies and agents who fail to meet the required deadlines or provide incomplete or inaccurate data will be subject to administrative penalties.

If you have questions regarding this data call, please call Betty Flores at 512-322-5029.


Gary Gola
Property and Casualty Section - Data Services

Enclosures

Go to the TDI Title Bulletins web page at tdi.texas.gov/bulletins/index.html, click on bulletin B-0012-13, and scroll to the bottom of the page to retrieve the following data call attachments:

Texas Title Insurance Agent Experience Report Submission (interactive PDF form)
Allocation Reconciliation Worksheet
General Instruction Manual for Texas Title Insurance Agent Experience Report Submission
Acknowledgment of Receipt and Listing of Branch Offices Forms
Frequently Asked Questions sheet



For more information contact:

Last updated: 09/28/2015

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