2006 TEXAS TITLE INSURANCE BIENNIAL
RATE HEARING AGENDA ITEMS

CLICK ON THE AGENDA ITEM(s) BELOW TO OPEN AND READ 
THE COMPLETE VERSION OF EACH ITEM IN PDF  FORMAT. 
SOME ADOPTED ITEMS CAN BE VIEWED IN PDF FORMAT
AND AS A WORD DOCUMENT. 
 

Agenda Item #2006-51 AS ADOPTED  
Agenda Item #2006-51 
Filed by: Texas Land Title Association
Adopts: A Schedule of Basic Premium Rates for Title Insurance for the next calendar year and subsequent years until changed by subsequent order of the Commissioner.

Agenda Item #2006-52 WITHDRAWN
Filed by: Texas Land Title Association
Adopts: A new Texas Limited Coverage Residential Chain of Title Policy (Form T-___) to address fraudulent residential mortgage transactions.
 
Agenda Item #2006-53 WITHDRAWN
Filed by: Texas Land Title Association
Adopts: A new Procedural Rule (P-___) regarding the proposed Texas Limited Coverage Residential Chain of Title Policy (T-___) to require that the new policy only be issued by the agent in the county where the property is located.

Agenda Item #2006-54 WITHDRAWN
Filed by: Texas Land Title Association
Adopts: A new Rate Rule (R-__) to provide a fair and equitable charge for the proposed Texas Limited Coverage Residential Chain of Title Policy.

Agenda Item #2006-55 AS ADOPTED
Agenda Item #2006-55
Filed by: Texas Land Title Association
Amends: Rate Rule R-2 to address the situation in which a form of coverage may become effective before a ruling
has been made regarding the proposed rate and to delete a portion of the rule that has been included in a new, proposed procedural, which is contingent upon adoption of the proposed procedural rule.

Agenda Item #2006-56 AS ADOPTED
Agenda Item #2006-56
Amendment Filed by: Texas Land Title Association
Amends: Rate Rule R-3 to move the provision for the Increased Value Endorsement to proposed, amended Rate Rule R-15 and to delete portions of Rate Rule R-3 that have been included in a new, proposed procedural rule in Agenda Item 2006-8, which is contingent upon adoption of the proposed procedural rule.

Agenda Item #2006-57 AS ADOPTED
Agenda Item #2006-57
Filed by: Texas Land Title Association
Amends: Rate Rule R-4 to delete portions of this rule that that have been included in a new, proposed procedural
rule in Agenda Item 2006-8, which is contingent upon adoption of the proposed procedural rule, and to change the words “an adjustable rate mortgage” to “a variable
rate mortgage” in keeping with the form name change in November 2005.

Agenda Item #2006-58 AS ADOPTED
Agenda Item #2006-58
Filed by: Texas Land Title Association
Amends: Rate Rule R-7 to clarify that each policy bears a separate premium and to assist the policy typist in associating a collected premium with a produced policy.

Agenda Item #2006-59 AS ADOPTED
Agenda Item #2006-59
Filed by: Texas Land Title Association
Amends: Rate Rule R-15 to incorporate certain portions excised from Rate Rule R-3 and making a direct reference to certain items as opposed to using cross-references.

Agenda Item #2006-60 AS ADOPTED
Agenda Item #2006-60
Filed by: Texas Land Title Association
Amend: Rate Rule R-18 to re-name the rate rule, to revise it for readability, and to add a provision concerning current refinancing practices in which two permanent loans are used to refinance a single construction loan.

Agenda Item #2006-61 AS ADOPTED
Agenda Item #2006-61
Filed by: Texas Land Title Association
Amends: Rate Rule R-29C to address the need for two separate Statistical Codes to delineate whether or not an
amendment of exception to area and boundaries is purchased with the policy.

Agenda Item #2006-62 WITHDRAWN
Filed by: Rattikin Title Company
Amends: Rate Rule R-30 to allow the $100 fee to be charged for each endorsement to a policy when the policy is issued with multiple Access Endorsements.
TLTA Position: SUPPORT with amendment of $100 for the first endorsement per policy and $50 for each additional endorsement per policy

Agenda Item #2006-63 WITHDRAWN
Filed by: Rattikin Title Company
Amends: Rate Rule R-32 to allow the $100 fee to be charged for each endorsement to a policy when the policy is issued with multiple Contiguity Endorsements.
TLTA Position: SUPPORT with amendment of $100 for the first endorsement per policy and $50 for each additional endorsement per policy

Agenda Item #2006-64 DISAPPROVED
Filed by: Sierra Title Group & Sierra Title Insurance Guaranty Company, Inc.
Adopts: A new Procedural Rule (P-___) to ensure that title insurance companies do not receive more than 50% of their business through Affiliated Business Arrangements, to provide that 90% of the business of a title insurance company operating in connection with an Affiliated Business Arrangement must involve property
located within the county in which the company is licensed, to provide notice requirements concerning Affiliated Business Arrangements, and to ensure that such arrangements are not coercive.
TLTA Position: On advice of TLTA's antitrust counsel, this item was not discussed

Agenda Item #2006-65 AS ADOPTED (WORD)
Agenda Item #2006-65 AS ADOPTED
Agenda Item #2006-65 AS SUBMITTED TO TDI (TLTA BOARD APPROVED 10.04.07)
Agenda Item #2006-65 AS AMENDED BY JOHN KING
Agenda Item #2006-65 AS ORIGINALLY FILED
Filed by: Sierra Title Group & Sierra Title Insurance Guaranty Company, Inc.
Amends: Procedural Rule P-24 to provide restrictions on a title insurance company, agent, or direct operation regarding written agreements that deviate from the premium split set forth in P-24.
TLTA Position: SUPPORT as submitted to TDI
(board approved)

Agenda Item #2004-66 WITHDRAWN
Filed by: Sierra Title Group & Sierra Title Insurance Guaranty Company, Inc.
Amends: Procedural Rule P-58 to provide that the required report on directly issued policies be compiled and submitted to the Department on a quarterly basis to ensure that P-24 violations are timely detected.
TLTA Position: no position taken pending review of regulatory committee

Agenda Item #2006-67 WITHDRAWN
Filed by: Texas Department of Insurance
Date filed: Sept.7, 2004
Amends: Procedural Rule P-24 to set reasonable percentage rates for payment of services for furnishing title evidence and title examination and to remove language in the rule that often prevents urban and rural agents from receiving the same amount of premium for the same work.
TLTA Position: OPPOSE

CLICK HERE FOR RULE AGENDA ITEMS