An Agent must obtain prior approval to issue a title insurance policy which exceeds the authorized limit set out in the Agent's contract.

Any request for policy approval may be made either by letter or by telephone. In most cases, the approval form should be used. These may be obtained from your District Manager, or the Texas Underwriting office in San Antonio. (See attached Exhibit).  A copy of the form can also be obtained on www.stewarttexas.com.  A copy of the commitment (if any has been issued) should be submitted to the Company. Copies of pertinent or related documents should accompany the overlimits request.

The Company will promptly notify the Agent of the approval either by letter or telephone. There are circumstances in which the Company may decide not to approve the issuance of a policy or to make additional requirements.  Please let your District Manager or a Texas Underwriter know if the insured require re-insurance.

As a general rule, Texas Underwriting Counsel have $25 million in authority. All policies above this amount must be approved by a Senior Underwriter.