Is it lawful for any title agency or agent to unreasonably deny access to underwriters during the annual review process?

The assertion is true. Under Missouri law and generally accepted practices in the title insurance industry, title agencies and agents are required to provide reasonable access to underwriters during the annual review process. This process ensures that underwriters can adequately assess the agency's operations, compliance with regulatory requirements, and overall risk management practices. Unreasonably denying access could hinder the ability of underwriters to fulfill their responsibilities, potentially leading to compliance issues or the inability to properly underwrite risks associated with the agency.

Ultimately, being transparent and cooperative during the review process is crucial for maintaining good standing in the industry and for fostering a productive relationship between title agencies and underwriters. This principle of cooperation supports regulatory oversight, promotes accountability, and enhances the overall stability of the title insurance market.