MD| The Bulletin issued on February 24, 2021, is to advise title insurers of the need to include law firms in their producer register pursuant to §10-118 of the Insurance Article and Code of Maryland Regulations (“COMAR”) 31.03.13.
The Maryland Insurance Administration has learned that title insurers may not be including law firms that have been appointed as a principal agent in their producer register.
“Title Insurers should verify that they have included law firms in their producer register and that they have the necessary procedures in place to ensure that any newly appointed law firm is added to the producer register within 30 days of the appointment.”