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CA Department of Insurance
CA Department of Insurance
CA Department of Insurance

Request for Consent to Transfer of Underwritten Title Company Shares

Requests to transfer shares which meet certain requirements under California Insurance Code 12389.3 qualify to have a decision made within 60 days of receipt of the request. If a request qualifies for such review and a decision has not been made within 60 days, the request will be deemed approved. To qualify, requests must meet the following conditions:

  1. The request for transfer of shares must be less than 10% of the outstanding stock of the company; and,
  2. The transfer must be to the underwritten title company, to an existing stockholder(s), or to persons who have been employed by the underwritten title company for the preceding 12 months.

If you believe the request qualifies for the 60-day review period, please provide proper documentation regarding the reason the request qualifies. For instance, if the transferee has been an employee of the underwritten title company for the preceding 12 months, submit proof of such employment.

This section does not apply to requests where the transfer of stock would result in the transferee, other than the underwritten title company, owning 10% or more of the outstanding shares.

When applying for consent to transfer shares, the applicant must provide the Department with the information and documentation requested in the Checklist and all supplemental information requested during the course of review.

The application, including the requested documentation, should be submitted, along with a copy of all application materials, to the following address:

Corporate Affairs Bureau
California Department of Insurance
1901 Harrison Street, 6th Floor
Oakland, CA 94612

We also request that you submit an electronic copy of the application and supporting documents to  Please note we do not accept password protected emails or links.  

Underwritten Title Company filings may now be accepted electronically, using the Online Assistance System for Insurer Submittals (OASIS). If you have any questions or experience any difficulties when submitting applications online, contact

You will be notified if your application has been accepted for filing; and, if so, you will also be notified of the legal analyst or counsel and the financial analyst assigned to review your application. If the transfer of shares request application is incomplete, it will not be accepted for filing and will be returned to the applicant.

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