The Texas Department of Insurance issued Bulletin B-0007-23 regarding a calendar year 2022 title insurance agent data call.
The bulletin states, “The Texas Department of Insurance (TDI) issues this mandatory data call under Insurance Code Section 2703.153, which requires each title insurance company and title insurance agent engaged in the business of title insurance in Texas to annually submit business data to TDI. TDI uses this data to set title insurance premium rates.
“Title insurance agents must complete the data call forms using the links listed below,” the bulletin continues. “These documents require Adobe Acrobat Reader DC 10.0 or higher. Please note that this version is a more recent edition of Adobe Acrobat Reader than was required in the past. TDI cannot accept scanned, faxed, or mailed copies of the report.”
All highlighted fields must be filled out, even if the agent doesn’t have any experience data to report. If an agency has no income or expenses to report, they must check the “none” box at the top of the report form. If an agency did not issue any policies or collect any premiums but still has expenses to report, they must fill out the report as stated in the instructions.
Agents must submit their data call report form and affidavit to [email protected] on or before Aug. 21. Those who are unable to download the forms or have any questions about the data call should contact the Property and Casualty Actuarial Office by phone at 512-676-6693 or by email at [email protected].