A title insurer may allow an agency to issue title commitments without a written contract. True or False?

A title insurer is required to have a written contract with an agency to issue title commitments. This ensures that both parties have a clear understanding of their rights, responsibilities, and obligations under the agreement. A written contract not only serves to protect the interests of the title insurer but also establishes the legal framework necessary for compliance with state regulations governing title insurance. Without such a contract, there could be confusion and potential legal issues regarding the authority to issue title commitments, which is crucial to maintaining the integrity and reliability of title insurance in transactions. Therefore, the correct stance is that a written contract is mandatory, making the statement false.