Utah Admin. Code R592-11-3 - Title Insurance Producer Annual Report

(1) An agency title insurance producer shall file a Title Insurance Producer Annual Report not later than May 1 of each year.

(2) A Title Insurance Producer Annual Report shall include:

(a) the number and location of each title or escrow trust account;

(b) proof of financial protection under Subsection 31A-23a-204(2)(a);

(c) the name of the individual title insurance producer designated as the "qualifying licensee" under Subsection 31A-23a-204(1);

(d) the physical address in Utah maintained by an agency title insurance producer;

(e) the physical address of each Utah branch office maintained by an agency title insurance producer;

(f) a verified statement of the agency title insurance producer's financial condition, transactions, and affairs of the preceding two calendar years, including:

(i) a balance sheet;

(ii) a cash flow statement; and

(iii) an income statement; and

(g) a list of all currently contracted underwriters.

Notes

Utah Admin. Code R592-11-3

Amended by Utah State Bulletin Number 2015-22, effective 11/2/2015 Amended by Utah State Bulletin Number 2016-9, effective 4/15/2016 Amended by Utah State Bulletin Number 2020-02, effective 12/23/2019 Amended by Utah State Bulletin Number 2021-18, effective 9/8/2021 Amended by Utah State Bulletin Number 2025-03, effective 1/22/2025