Title Insurance Rates, Premium Schedule Applicable to "Truth in Lending" and Other Endorsements

 

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation

Notice of Disposition of Petition for Rate Deviation

RULE NO: RULE TITLE
69O-186.003: Title Insurance Rates
69O-186.005: Premium Schedule Applicable to "Truth in Lending" and Other Endorsements

NOTICE IS HEREBY GIVEN THAT the Office of Insurance Regulation, Financial Services Commission, has issued an order disposing of the petition for rate deviation that was filed by First American Title Insurance Company, pursuant to Section 627.783, F.S., on February 21, 2007. Notice of Receipt of Petition for Rate Deviation appeared in the March 16, 2007, edition of the F.A.W., Vol. 33, No. 11.

On May 18, 2007, the Office of Insurance Regulation filed an Order denying the petition for rate deviation from rates adopted in Rules 69O-186.003 and 69O-186.005, F.A.C., because Petitioner did not adequately justify its request for rate deviations from adopted rates for its proposed Trustee as Additional Insured Endorsement, Last Dollar Endorsement, and Florida Location Endorsement.

Copies of the Order filed in Case No. 89408-07-CO, may be obtained from: Jamie Metz Sweeney, Assistant General Counsel, Office of Insurance Regulation, Regulatory Section, Legal Services Office, 200 East Gaines Street, Tallahassee, FL 32399-4206, [phone], Fax [phone] or by e-mail: [e-mail].