1996 Regular Session

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