March 10, 2022

In This Issue:

  • Upcoming Webinars From Texas Comptroller on How Financial Institutions Should Handle Unclaimed Property
  • Updated Guidance From CISA: "Every organization—large and small—must be prepared to respond to disruptive cyber activity”
  • ICYMI: Update on Agent and Underwriter Experience Report Compilation, Publication from TDI
  • Who Determines Ownership of Water Rights in Texas?
  • Industry News and Insights Available at TLTA's Annual Conference and Business Meeting June 13-15 - Registration Now Open

Upcoming Webinars From Texas Comptroller on How Financial Institutions Should Handle Unclaimed Property

Texas Comptroller | March 9, 2022
The Comptroller’s office announced the availability of free training webinars in 2022 for holders of unclaimed property. 
 
The webinars will focus on unclaimed property reporting for financial institutions.
 
Webinars for Financial Institutions
Thursday, March 24, 2022    10 a.m. - noon
Thursday, April 14, 2022      1:30 - 3:30 p.m.
Thursday, May 26, 2022      1:30 - 3:30 p.m.
 
If you have questions regarding unclaimed property compliance but are unable to attend a webinar, you can contact the Comptroller's office via up.holder@cpa.texas.gov or 800-321-2274, option 2. 
 
Learn More »
Register for the Webinar(s) »
 

Updated Guidance From CISA: "Every organization—large and small—must be prepared to respond to disruptive cyber activity”

CISA | March 3, 2022
While there are no specific or credible cyber threats to the U.S. homeland at this time, Russia’s unprovoked attack on Ukraine, which has involved cyber-attacks on Ukrainian government and critical infrastructure organizations, may impact organizations both within and beyond the region. Every organization—large and small—must be prepared to respond to disruptive cyber activity. As the nation’s cyber defense agency, the Cybersecurity and Infrastructure Security Agency (CISA) stands ready to help organizations prepare for, respond to, and mitigate the impact of cyber-attacks. When cyber incidents are reported quickly, we can use this information to render assistance and as warning to prevent other organizations and entities from falling victim to a similar attack.
 
CISA has prioritized analysis of vulnerabilities that have been used by Russian cyber threat actors. As a result of this analysis, CISA added 95 additional vulnerabilities to their known previously exploited vulnerabilities catalog on March 3, 2022. All users are highly encouraged to ensure their software is up-to-date, prioritizing updates that address known exploited vulnerabilities identified by CISA. 
 
Review CISA's Shields Up Page »
Review CISA's Shields Up Technical Guidance »
 
TLTA Editor's Note: In the ALTA Advocacy Update distributed March 8, Diane Tomb notes that the U.S. Senate last week unanimously passed cybersecurity legislation that would require companies in critical sectors to alert the government of potential hacks or ransomware payments. "One of the bills would require businesses or companies to report substantial cyberattacks to the Cybersecurity and Infrastructure Security Agency (CISA) within 72 hours and ransomware payments within 24 hours. Additionally, one of the bills in the package would update federal cyber laws to improve coordination between federal agencies as well as require those federal agencies to share cyber incidents with CISA. The Senate passed the legislation in light of the current war overseas," she wrote.
 

ICYMI: Update on Agent and Underwriter Experience Report Compilation, Publication from TDI

TLTA | March 9, 2022
We continue communicating with the team at Texas Department of Insurance (TDI) regarding the publication timeline for 2019 statistical data. TDI expects to publish the 2019 experience reports no later than early April 2022. Additionally, TDI reported that they are working on compilation of the 2020 experience reports.
 
If you receive requests from TDI regarding submissions or correction of data, please respond promptly, as delays in gathering statistical data delays publication of the experience reports. As a reminder, the 2020 underwriters data call was due February 28, 2022. Report all past due data to PCDataCallTitle@tdi.texas.gov.
 
The team at TDI is grateful for our industry's patience and assistance as the statutorily-required reports are produced. The most effective way to expedite delivery of experience reports is reporting data and corrections to TDI when requested, and then making room for the team at TDI to complete the time-consuming process of completing the reports alongside their other regulatory duties.
 
If you have questions about our discussion with TDI, you can email us via tlta@tlta.com
 

Who Determines Ownership of Water Rights in Texas?

Texas A&M AgriLife Extension | Feb. 21, 2022
The Texas Supreme Court will hear oral arguments on March 24, 2022 in Pape Partners, Ltd. v. DRR Family Properties LP, a case posing the question of who determines ownership of water rights in Texas, the courts or the Texas Commission on Environmental Quality?
 
Read More »
 

Industry News and Insights Available at TLTA's Annual Conference and Business Meeting June 13-15 - Registration Now Open 

TLTA | March 9, 2022
Registration is now open for TLTA's 2022 Annual Conference and Business Meeting. Our annual conference continues to be the must-attend Texas title industry event for title pros seeking the latest industry news and insights, economic updates, hot topic educational sessions, CE hours, and more. 
 
Come to hear the latest industry news – stay for the networking and fun. We hope to see you there June 13-15.
  
Learn More »
Review the Schedule at a Glance »
Register Now »
Book Your Hotel Room » 


In addition to live webinars held throughout the year, you have access to our library of more than 80 On-Demand webinars and videos  covering the title industry topics you need to earn continuing education credits and stay ahead of the curve on the latest industry trends!