R592-10-2. Purpose and Scope  


Latest version.
  •   (1) The purposes of this rule are to:

      (a) establish the categories of costs and expenses incurred by the department in administering, investigating and enforcing the provisions of Title 31A, Chapter 23a, Parts IV and V related to the marketing of title insurance and the audits of agency title insurance producers;

      (b) require the reporting by an agency title insurance producer and a title insurer of the mailing address and physical location of each office in each county where the agency title insurance producer or title insurer maintains an office;

      (c) establish a calculation method for the calculation of the number of agency title insurance producer or title insurer offices; and

      (d) determine the premium year used in calculating the assessment of title insurers.

      (2) This rule applies to all title insurers and agency title insurance producers.