UT| Bulletin 2025-1, issued by the Utah Insurance Department, provides guidance on the prohibition of title insurance licensees advertising jointly with clients under Utah Admin. Code R592-6-4(12).
Key Points:
- Definition of Advertising and Jointly: The term “advertising” is interpreted as a public communication aimed at creating interest in a title insurance licensee, its products, or services. “Jointly” refers to united activity involving two or more parties.
- Prohibition and Enforcement: The rule prohibits joint advertising activities between a title licensee and a client that create public interest in the licensee. Communications identifying both parties are presumed to violate the rule unless rebutted by the licensee.
- Scope and Limitations: The bulletin clarifies that it is not legal advice, does not alter existing rules, and allows certain exceptions like reposting client social media posts under specific conditions.