Bulletin: NY000695

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Bulletin: NY000695

Bulletin Document
Date: October 13, 2023
To: All New York State Agents, Office Counsel, and Managers
RE: Transition to Stewart Rate Calculator

Dear Associates:

We would like to inform you that on October 16, 2023 the URL for the StewartStar Calculator will be redirected to the URL for Stewart Rate Calculator (SRC) (https://www.stewartratecalculator.com). This means the StewartStar calculator will no longer be accessible or available for use on or after October 16, 2023 and SRC will be used instead. For a brief summary of SRC, please see our guide at Stewart Rate Calculator.  We will continue to redirect the existing StewartStar URL for a period of approximately 60 days to allow the agents time to incorporate these changes into their site.

If your company currently has a link to StewartStar on their website, you may update the link by 1 of the 2 options below:

1.     If you want to have your logo displayed on the PDF, you will need to add an absolute path to your image file after “logo=” using the URL below. The path to the logo needs to be publicly accessible. https://www.stewartratecalculator.com/?branded=false&logo=

2.     If you do not want to have a logo displayed on the PDF, you can use the following URL: https://www.stewartratecalculator.com/?branded=false

We appreciate your cooperation during this transition. If you have any questions relating to this or any other bulletins, if you should find any discrepancies in either the premium, transfer tax or mortgage recording tax calculations, or if you need assistance, please contact your agency services representative or a Stewart Title Insurance Company Underwriter.

Note: When you use SRC, you will see a disclaimer stating: These rates are for residential policies only.  In some states, premium is dependent upon whether the premises being insured are residential or commercial.  New York is not one of those states, and you may disregard this portion of the disclaimer if insuring property in New York State.  

For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.

THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER  AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.


References

Bulletins Replaced:
  • None
Related Bulletins:
  • None
Underwriting Manual:
  • None
Exceptions Manual:
  • None
Forms:
  • None