TDI Commissioner's Bulletin B-0015-05

Call for 2005 Texas Title Insurance Agents Statistical Plan for Year ending 12/31/04

Year: 2005Length: 609 wordsOfficial source
Commissioner’s Bulletin # B-0015-05 April 28, 2005 TO: TEXAS TITLE INSURANCE AGENTS RE: 2005 TEXAS TITLE INSURANCE AGENTS STATISTICAL REPORT FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2004 This bulletin announces the 2005 call for information. The acknowledgement of receipt form included with this letter should be faxed or postmarked no later than May 12, 2005 . There is one change to the reporting requirements which is detailed below. Title Agent Call for Experience Pursuant to the authority of Article 9.07(b) of the Texas Insurance Code (TIC), the Texas Department of Insurance requests that all Texas title insurance agents submit information relating to title insurance experience. Please submit your title insurance experience according to the instructions in the manual. No alterations of the exhibits will be permitted. Should it become necessary to explain any of the items reported, please do so in a separate written attachment. The Title Agent Call System (TACS) and the manual remain the same as those for the 2004 call. You are encouraged to submit your experience electronically using the TACS. Use of this program significantly reduces errors. Agents who have used the system in prior years have provided very positive feedback about the quality of the program. As an added incentive, you have an extra 2 weeks to complete the call if you use the program. Copies of the TACS program and manual are being mailed to newly licensed title agents only. If you need a copy of the program and/or manual, please contact Michael Davis at 512-322-5029. The program, manual, and reporting forms are also available for download from the TDI Internet Web site located at www.tdi.state.tx.us. Click on the Bulletins link located on the left of the screen, scroll down to and click on Bulletin # B-0015-5, and scroll to the bottom of the Commissioner's Bulletin to see the list of Enclosures (the exact address is http://www.tdi.state.tx.us/commish/b-0015-5.html). Change in Reporting Requirements Home Office Issue (HOI) policy transactions: Report only the fees you received for closing services provided to the underwriter on Form D, "Fees Received for Closing Services". No HOI gross premium or portion thereof should be reported on Form A, Sec. A, Lines 1, 2, or 3, Form B, Form F, and/or Form L. Agency Type If your agency changed ownership during the past year, which resulted in a change in agency type, report the agency type that represents the longest time span during 2004. If the time spans were equal, use the agency type from the earlier period. Agent/Underwriter Premium Split The agent/underwriter split of 85%:15% was in effect for the entirety of calendar year 2004. Your submission must include: " A diskette containing a file exported from the data entry program, a printed copy from the TACS and a signed, notarized affidavit; or " Original completed copies of forms A-L and the signed, notarized affidavit. Please send your submission to: Mail Texas Department of Insurance Data Services MC 105-5D ATTN: Michael Davis P.O. Box 149104 Austin, TX 78714-9104 Courier Texas Department of Insurance Data Services MC 105-5D ATTN: Michael Davis 333 Guadalupe Street Austin, TX 78701 Hard copy statistical reports must be postmarked by June 13, 2005. Agents submitting electronic (TACS) statistical reports must have their submissions postmarked by June 27, 2005 (please include a printed copy along with the diskette). Failure to meet the applicable deadline and/or to provide complete and accurate data may result in the imposition of sanctions by the Department. If you have questions regarding this call, please contact Michael Davis at 512-322-5029 (e-mail address: michael.davis@tdi.state.tx.us). Sincerely, Clare Pramuk Director, Data Services Enclosure Program Forms Title Call Manual For more information, contact: Last updated: 01/06/2025
TDI Commissioner's Bulletin B-0015-05: Call for 2005 Texas Title Insurance Agents Statistical Plan for Year ending 12/31/04 | Justis AI