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Standard Solutions News Item
ALTA 2006 Revisions to Title Forms
April 26, 2007
Standard Solutions is updating title insurance commitments, schedules and endorsements for the ALTA 2006 revisions as forms come in from the underwriters. The following request was sent in early April to all title insurance companies in all states we support:

ALTA has published new title insurance schedules, endorsements and commitments for use starting June 30, 2007. We are anticipating that most underwriters will develop their own variations for use by their agents in their states. It is urgent that you respond to this message so that your agents' ability to write policies for your company is not interrupted.

Standard Solutions develops its underwriter forms to fully emulate the originals, with as much data handling and automation as possible. For our clients this means the most speedy, effortless and error-free means of producing commitments and policies, as there is seldom any need to edit or add to the final documents. Because of the exceptionally high degree of integration with our program, the project of revising the documents is far more complex than it appears on its face.

We need a copy of your new forms as soon as possible. As soon as we receive them we will send you an estimate, and upon approval, we will put your documents in the queue for revision. We also need the name of a person at your company who has the authority to approve the completed forms. Time is of the essence -- packages we receive too late may not be ready by June 30th.

If you are not the appropriate person at your company to be dealing with this issue, please let us know so we can get this information to the correct person.

Thank you for your help, and we look forward to continuing to work with you to provide your agents with the best products and highest level of service possible, and to ensuring a smooth transition to the new forms.

 

 

 

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