While many of us were at the NYSLTA Convention the Association received a letter from Assembly Insurance Committee Chairman Kevin Cahill. The letter was read to the members in attendance at the convention and is included here for the review of those members who were not with us. The letter sends a message consistent with that presented by the Officers at the Agent Section and Title Section meetings and General Session at the Convention.

Regulation 208 may have been annulled, but members should be mindful that all other laws, rules and regulations are still in effect. This includes Regulations 206 and 500 (Cybersecurity), as well as your responsibility to your closers and adherence to the TIRSA Rate Manual and the Insurance Law, especially section 6409(d). We urge you to continue to conduct yourselves as good title professionals and reach out to your underwriters for guidance or with questions.

We will discuss the letter, Chairman Cahill’s request that we adopt a code of conduct and other options at the September Executive Committee meeting.

Chairman Cahill's letter is attached to this blog post as a PDF.
Click the link below to download.