SENATE BILL 468

File Code: Insurance - Liability and Miscellaneous

Sponsored By:

Senator Astle

Entitled:

Title Insurance - Rates and Premiums - Prohibited Consideration

Synopsis:

Prohibiting title insurers from paying and title agents from receiving specified commissions or other consideration in an amount greater than 70% of the gross title insurance premium.

Legislative History

Senate Action

2/2

First Reading Finance

Hearing 2/14 at 1:00 p.m.

2/13

Hearing cancelled

Hearing 2/27 at 1:00 p.m.

3/5

Unfavorable Report by Finance

House Action

No Action

Bill indexed under the following Subjects:

AGENTS AND BROKERS

INSURANCE-GENERAL

TITLES

Bill affects the following Statute:

Article - 48A Insurance Code

( 242A )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None available