TX| The Texas Department of Insurance (TDI) has issued Commissioner’s Bulletin #B-0003-25, mandating all title insurance underwriting companies operating in Texas to submit data for the 2024 calendar year by April 22, 2025. This data call, required under Insurance Code Section 2703.153, is critical for setting title insurance premium rates and includes income, expense, and policy data. Companies must adhere to strict submission guidelines and deadlines to avoid enforcement actions.
Key Points:
- Mandatory Data Submission: Title insurance underwriters must report 2024 income, expense, and policy data using TDI-provided forms by April 22, 2025.
- Submission Guidelines: Forms must not be altered except for completing required information; “none” reports are required if no data exists.
- Compliance Enforcement: No extensions will be granted, and late or non-compliance may result in disciplinary action by TDI.