Title insurers now must abide by a new law that was enacted in Texas State. The new law, which is titled HB 4338, requires title insurers to sustain “unencumbered assets” to supply a secure reserve for “contingencies.” Under the new law, surety bonds will be authorized to satisfy the requirement. Alternative forms of security that are also acceptable are cash or cash equivalents; assets with no liens against them; real estate, surplus of any encumbrances; investments, certificates of deposit, stocks and bonds; or a letter of credit. The quantity of the assets to be sustained is calculated by the population of the county in which the insurer’s principal workplace is positioned with amounts spanning from $25,000 to $150,000.