NYS Insurance Department Opinions

http://www.ins.state.ny.us

October 27, 2000
Re: Abstract Companies and Title Insurance Business

December 27, 2000
Re: UCC Title Insurance Policy

May 11, 2001
Re: Formation of Joint Venture/Title Agent by Real Estate Entity and Title Insurance Corporation

June 22, 2001
Re: Rebate to Lender or its Attorney of Title Premium Paid by Borrower

June 26, 2001
Re: Title Insurers and N.Y. Comp. Codes R. & Regs. tit. 11§ 420.0-420.24 (Reg.169) (2001)

September 24, 2001
Re: Survey Exception in a New York State Land Title Insurance Policy

October 2, 2001
Re: Conflict Between N.Y. Insurance Law § 2502(a)(2) (McKinney 2000) and the federal Real Estate Settlement Procedures Act of 1974 (RESPA)

October 19, 2001
Re: Title Insurance N.Y. Ins. Law§ 6409 (d) (McKinney 2000)

November 16, 2001
Re: Title Insurance Policy Coverage

December 4, 2001
Re: Title Insurance N.Y. Ins. Law§ 6409 (d) (McKinney 2000)

January 14, 2002
Re: N.Y. Ins. Law§ 6409 (d): Title Insurance Joint Venture

January 31, 2002
Re: Use of Title Insurer Mandated by Lender

March 21, 2002
Re: N.Y. Ins. Law§ 6409 (d): Title Insurance Joint Venture

May 2, 2002
Re: Proposed Title Insurance Arrangement

September 20, 2002
Re: Agents for Title Insurance

November 13, 2002
Re: Mortgage Bank’s Proposal to Pay Commissions to its Employees for Making Referrals to a Title Abstract Company with which it has Entered into an Affiliated Business Arrangement

November 14, 2002
Re: Formation of Company to Conduct Business in New York as Title Agent

December 4, 2002
Re: Title Insurance- Prohibited Rebates

October 16, 2003
Re: Sale of Fine Art Title Insurance in New York

November 20, 2003
Re: Title Search Guarantee Premium/Fee

May 10, 2004
Re: Rate and Form Filing for Title Insurance Guarantees

July 27, 2004
Re: Compensation for Insurance Referrals

August 20, 2004
Re: Title Insurance Agency Licensing

September 24, 2004
Re: Insurance Law Section 2101 Unlicensed Employees of Insurer

October 24, 2004
Re: Reduction in Settlement Costs to Customer/Purchaser that Uses Seller’s Affiliated Title Agent/Insurer to Obtain Title Insurance

January 20, 2005
Re: N.Y. Ins. Law§ 6409 (d): Seller of Real Estate’s Requirement that Purchasers Pay a Fee if they use Title Abstract Company/Title Agent of Their Choice

March 2, 2005
Re: Permissibility of Title Agent’s Decision to Eliminate Certain Discretionary Fees it Customarily Charged its Applicants for Insurance

March 10, 2005
Re: Permissibility of Joint Venture Title Agent Proposal

April 29, 2005
Re: Agent of a Title Insurance Corporation; Licensing Inquiry

May 12, 2005
Re: Formation of a Title Insurance Company

June 17, 2005
Re: Title Insurance

July 1, 2005
Re: Compensation Paid to Mortgage Lender’s Employees for Referring Title Business to Lender’s Affiliated Title Insurance Company

October 28, 2005
Re: Permissibility of Proposed Ownership of Title Agency

December 28, 2005
Re: Issuance of Closing Protection Letter by Title Insurance Company

July 10, 2006
Re: Limits on Compensation for Referrals

December 29, 2006
Re: Proposal to Give Financial Incentives to Customers who Obtain Title Insurance from Title Agent or Homeowners Insurance from Affiliate