(a) Pursuant to California Insurance Code (CIC) Section 12401.5, the Insurance Commissioner requires each Title Insurance Company licensed to transact business in California to submit a Statistical Plan and Income Statement report on the prescribed electronic forms and in accordance with these regulations. The submissions shall be reported annually.(b) This section concerns matters relating to financial data and related information required to be collected or reported in accordance with Articles 5.5 of Chapter 1, Part 6, Division 2 of the Insurance Code and the regulations that implement, interpret or make specific those provisions.(c) The initial submission shall cover experience from January 1, 2011 through December 31, 2011. Following the initial submission, all submissions shall cover experience in each succeeding calendar year. For example, the second annual submission shall cover January 1, 2012 through December 31, 2012. Except for the initial submission, the filings for the Income Statement (CATI-R1) and Summary of Transaction Activities (CATI-R2) shall also include the previous year's experience.(d) A completed initial submission shall be made to the Department no later than May 31, 2012. Each following submission is due no later than May 31 of each successive year.(e) Each submission shall be completed using the spreadsheet templates provided by the Commissioner at the "Statistical Plans" link found on the California Department of Insurance website (www.insurance.ca.gov) under the "Insurers" tab; "Data & Reports."(f) Each submission consists of the following: (1) Company Information (Signature Page/Certification) form(2) General Interrogatories Page(3) CATI-R1: Income Statement(4) CATI-R2: Summary of Transaction Activities(5) CATI-R3 [Parts 1 to 6]: Summary of Rate Distribution by Type of Policy(6) CATI-R3 Total [of Parts 1 to 6]: Summary of Rate Distribution by Type of Policy(7) CATI-R4.1: Escrow Fee Distribution by Amount of Transaction (by County)(8) CATI-R4.2: Summary of Escrow Fees by County(g) Submit the completed reports to the Rate Specialist Bureau by sending either an electronic copy of the file by e-mail to: rsbTitle@ insurance.ca.govSubject Line: "CA Title Insurance Statistical Plan -- 2011" OR a copy of the files on CD/DVD to the address below.
Any questions or correspondence can be directed to:
CALIFORNIA DEPARTMENT OF INSURANCE
ATTENTION: RATE SPECIALIST BUREAU
300 SOUTH SPRING STREET, SOUTH TOWER, 14TH FLOOR
LOS ANGELES, CA 90013-1230
FAX#: (213) 897-6361
E-MAIL: rsbTitle@insurance.ca.gov
Cal. Code Regs. Tit. 10, § 2355.1
1. New article 7.1 (subarticles 1-5, sections 2355.1-2359.7), subarticle 1 (sections 2355.1-2355.8) and section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code section 11343.4(b) (Register 2007, No. 30).
2. Amendment of article heading, repealer of subarticle 1 (sections 2355.1-2355.8) and section and new section filed 8-4-2009; operative 9-3-2009 (Register 2009, No. 32).
3. Change without regulatory effect amending subsections (a) and (g) filed 4-23-2012 pursuant to section 100, title 1, California Code of Regulations (Register 2012, No. 17). Note: Authority cited: Sections 12397.5, 12401, 12401.1, 12401.3, 12401.5, 12401.7 and 12401.8, Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216. Reference: Sections 730, et seq., 12401, 12401.1, 12401.2, 12401.3, 12401.7, 12401.5, 12401.8 and 12401.9, Insurance Code.
1. New article 7.1 (subarticles 1-5, sections 2355.1-2359.7), subarticle 1 (sections 2355.1-2355.8) and section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code section 11343.4(b) (Register 2007, No. 30).
2. Amendment of article heading, repealer of subarticle 1 (sections 2355.1-2355.8) and section and new section filed 8-4-2009; operative 9-3-2009 (Register 2009, No. 32).
3. Change without regulatory effect amending subsections (a) and (g) filed 4-23-2012 pursuant to section 100, title 1, California Code of Regulations (Register 2012, No. 17).