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	<title>Surety Bond Blog &#187; title insurer</title>
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		<title>Texas Title Insurer Bond</title>
		<link>http://www.jwsuretybonds.com/blog/texas-title-insurer-bond</link>
		<comments>http://www.jwsuretybonds.com/blog/texas-title-insurer-bond#comments</comments>
		<pubDate>Fri, 07 Aug 2009 20:05:08 +0000</pubDate>
		<dc:creator>Eric Weisbrot</dc:creator>
				<category><![CDATA[Commercial Bonds]]></category>
		<category><![CDATA[Surety News]]></category>
		<category><![CDATA[bond requirements]]></category>
		<category><![CDATA[legislation]]></category>
		<category><![CDATA[texas]]></category>
		<category><![CDATA[title insurer]]></category>
		<category><![CDATA[tx]]></category>

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		<description><![CDATA[Texas recently enacted HB 4338, which requires title insurers to maintain â€œunencumbered assetsâ€? to provide a secure reserve for â€œcontingenciesâ€?. Acceptable forms of security to fulfill this new requirement are surety bonds, cash/cash equivalents, assets (without a lien), real estate, in excess of any encumbrances; investments, certificates of deposit, stocks/bonds, or a letter of credit. [...]]]></description>
			<content:encoded><![CDATA[<p><img style="float: right" src="http://www.jwsuretybonds.com/images/bond-texas.jpg" alt="Texas"/>Texas recently enacted HB 4338, which requires title insurers to maintain â€œunencumbered assetsâ€? to provide a secure reserve for â€œcontingenciesâ€?. Acceptable forms of security to fulfill this new requirement are surety bonds, cash/cash equivalents, assets (without a lien), real estate, in excess of any encumbrances; investments, certificates of deposit, stocks/bonds, or a letter of credit. The population of the county which the insurerâ€™s principal office is established will determine the amount of assets to be maintained; this can range from $25,000 to $150,000.</p>
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