# OR DFR Bulletin 1994-02: OR DFR Bulletin 1994-02: Title Insurance May Not Use Schedule B to Add Coverage

> Oregon · Agency guidance · In force

URL: https://www.frixlaw.com/law-library/statutes/OR_INS_B_1994_02

## Section

- **Citation:** OR DFR Bulletin 1994-02
- **Heading:** OR DFR Bulletin 1994-02: Title Insurance May Not Use Schedule B to Add Coverage
- **Jurisdiction:** Oregon
- **Kind:** Agency guidance
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Oregon Division of Financial Regulation Insurance Bulletins / OR DFR Bulletin 1994-02: Title Insurance May Not Use Schedule B to Add Coverage

## Text

INSURANCE DIVISION BULLETIN INS 94-2
DATE: March 1, 1994
TO: All Title Insurers and Title Insurance Agents in Oregon
It has come to our attention that the title industry is using Schedule B in title insurance policies to
provide additional coverage in the case of two mortgages applying to one piece of property, especially
when one mortgage is a fixed interest rate and the other is a variable rate.
Adding coverage through the use of Schedule B constitutes usage of unauthorized rates and forms in
contravention of ORS 737.320 and 742.003.
This is not the intention of Schedule B. This schedule is used for exceptions from coverage and
clarification of those exemptions only. Additional coverage should be provided for by endorsements
with appropriate rate schedules which are filed subject to prior approval by this division.
Any requests for special endorsements should follow the guidelines from the division letter of March 8,
1991, which stated, "all affirmative coverages written into policy schedules require the same approvals
as special endorsements, except for affirmative coverages clarifying the effect of an exception on policy
coverages otherwise being provided."
All title insurers and title insurance agents in Oregon should cease this activity of providing such
additional coverages in Schedule B. Failure to do so will result in sanctions.
Two policies should be issued until such time as an appropriate endorsement is filed and approved by
this division.
The Insurance Division is working with the Oregon Land Title Association to develop an appropriate
product.
_______(signed)_______
Mary Alice Bjork
Administrator, Insurance Division
Department of Consumer and Business Services
Department of Consumer and Business Services
Insurance Division
350 Winter St. NE, Room 440
PO Box 14480
Salem, OR 97301-0405
(503) 947-7980
FAX (503) 378-4351
TTY (503) 947-7280
www.oregoninsurance.org

## Nearby sections

- [OR DFR Bulletin 1970-04 OR DFR Bulletin 1970-04: Reinsurance of Title Insurance](https://www.frixlaw.com/law-library/statutes/OR_INS_B_1970_04.md)
- [OR DFR Bulletin 1992-03 OR DFR Bulletin 1992-03: Marketing Practices for Paying Commissions](https://www.frixlaw.com/law-library/statutes/OR_INS_B_1992_03.md)
- [OR DFR Bulletin 1994-01 OR DFR Bulletin 1994-01: Blanket Insurance](https://www.frixlaw.com/law-library/statutes/OR_INS_B_1994_01.md)
- [OR DFR Bulletin 1994-02 OR DFR Bulletin 1994-02: Title Insurance May Not Use Schedule B to Add Coverage](https://www.frixlaw.com/law-library/statutes/OR_INS_B_1994_02.md)
- [OR DFR Bulletin 1994-04 OR DFR Bulletin 1994-04: Creditor's Rights Coverage](https://www.frixlaw.com/law-library/statutes/OR_INS_B_1994_04.md)
- [OR DFR Bulletin 1996-02 OR DFR Bulletin 1996-02: Application of the Insurance Code to Health Benefit Arrangements that Include Provider Risk Sharing](https://www.frixlaw.com/law-library/statutes/OR_INS_B_1996_02.md)
- [OR DFR Bulletin 1996-04 OR DFR Bulletin 1996-04: Contents Corporate Minutes](https://www.frixlaw.com/law-library/statutes/OR_INS_B_1996_04.md)
- [OR DFR Bulletin 1998-03 OR DFR Bulletin 1998-03: Filing Requirements for Health Insurance Policy Forms, PER ORS 742.003; Applicability of Negotiated Policy Exception](https://www.frixlaw.com/law-library/statutes/OR_INS_B_1998_03.md)
- [OR DFR Bulletin 2001-01 OR DFR Bulletin 2001-01: OAR 836-080-0240 – Standards for Prompt & Fair Settlement – Automobile Insurance](https://www.frixlaw.com/law-library/statutes/OR_INS_B_2001_01.md)
- [OR DFR Bulletin 2001-09 OR DFR Bulletin 2001-09: Withdrawal of Bulletin INS 95-5 and INS 96-1](https://www.frixlaw.com/law-library/statutes/OR_INS_B_2001_09.md)
- [OR DFR Bulletin 2002-01 OR DFR Bulletin 2002-01: No Policy Changes Required by 2001 Amendment to ORS 743.186(1)(A)](https://www.frixlaw.com/law-library/statutes/OR_INS_B_2002_01.md)
- [OR DFR Bulletin 2002-03 OR DFR Bulletin 2002-03: USA Patriot Act of 2001](https://www.frixlaw.com/law-library/statutes/OR_INS_B_2002_03.md)
- [OR DFR Bulletin 2003-02 OR DFR Bulletin 2003-02: Reducing Regulatory Burden](https://www.frixlaw.com/law-library/statutes/OR_INS_B_2003_02.md)
- [OR DFR Bulletin 2003-05 OR DFR Bulletin 2003-05: Application of NAIC Manuals and Other Publications](https://www.frixlaw.com/law-library/statutes/OR_INS_B_2003_05.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/OR_INS_B_1994_02. Check the current official text before relying on it. Not legal advice.