California Department of Insurance Issues Revised Proposed Regulations

November 28, 2006

The California Department of Insurance has issued revised proposed regulations for comments which seek to regulate the rates charged by underwritten title companies and title insurance companies and is seeking formal written comments by December 12, 2006. The CLTA and member companies now have 15 days to provide written comments to the Department.

After this comment period, the Department will most likely file the regulations with the Office of Administrative Law. 

In addition, the CLTA is requesting the Department to hold another public hearing to discuss these revised regulations pursuant to Sections 11346.5(a)(16) and 11346.8(a) of the Government Code. We anticipate this will be ignored.

Source: CLT

Contact ALTA at 202-296-3671 or

North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.