This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for for the current year.
This document was released by California Department of Insurance and contains the most recent official instructions for California Title Insurance Statistical Plan and Income Statement Report .
Q: What is the California Title Insurance Statistical Plan?
A: The California Title Insurance Statistical Plan is a reporting requirement for title insurance companies operating in California.
Q: What is the Income Statement Report?
A: The Income Statement Report is a financial statement that shows a title insurance company's revenues, expenses, and net income.
Q: Who needs to submit the California Title Insurance Statistical Plan and Income Statement Report?
A: All title insurance companies operating in California are required to submit this report.
Q: Is there a deadline for submitting the report?
A: Yes, the report must be submitted annually by a specified deadline. The deadline may vary, so check the instructions for the current year's deadline.
Q: What information is required in the report?
A: The report requires detailed financial information including revenues, expenses, and net income. It may also require additional information on policies and claims.
Q: Are there any penalties for not submitting the report?
A: Yes, failure to submit the report or submitting false information can result in fines or other disciplinary action.
Q: Are there any exemptions from submitting the report?
A: Some small title insurance companies may qualify for an exemption from the reporting requirement, but this must be verified with the California Department of Insurance.
Q: Who can I contact for assistance with the report?
A: For assistance with the report, contact the California Department of Insurance's Title Insurance Bureau.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library legal documents released by the California Department of Insurance.