OIR Notice of Proposed Rulemaking: Junior Title Insurance

The Florida Office of Insurance Regulation has published a Notice of Proposed Rulemaking for Rule Title:Rule Number: 69O-186.003 Title Insurance Rates, and 69O-186.005 Premium Schedule Applicable to “Truth In Lending” and Other Endorsements.

A Public Hearing has been scheduled for July 24, 2007 at 11 a.m., for the purpose of setting appropriate rates for junior loan title insurance. Junior loan title insurance is directed to equity lines of credit and second mortgages.

If no Hearing is requested in writing within 21 days of the Notice, then no Hearing will be held.

A copy of the Notice is attached for your review.

Should you have any questions or comments, please do not hesitate to contact this office.