Which endorsement requires approval from the department (OIR) before it can be issued?

Prepare for the Florida Title Insurance Exam. Use flashcards and multiple choice questions with hints and explanations. Get ready to pass your exam!

The endorsement that requires approval from the Office of Insurance Regulation (OIR) before it can be issued is the Florida Form 9. This form is specifically designed for the issuance of title insurance in unique circumstances and is subject to regulatory scrutiny to ensure compliance with established standards and regulations.

The involvement of the OIR is crucial for this endorsement due to the added complexities and potential risks associated with the specific coverages or exceptions that Form 9 provides. The requirement for departmental approval helps to maintain a consistent level of oversight and protection for consumers in the title insurance market, ensuring that any new endorsements align with regulatory practices and standards.

Other options, while relevant in the context of title insurance endorsements, do not share the same requirement for OIR approval. This differentiation highlights the particular nature and implications of the Florida Form 9 endorsement in comparison to others.

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