Requiring title agents to make their audit reports available for inspection instead of submitting such reports annually, requiring the amount of surety bonds filed with the commissioner of insurance to be $100,000 and eliminating the controlled business exemption in certain counties.

SB 22 changes Kansas title insurance regulations by requiring title agents to make audit reports available for inspection upon request by the insurance commissioner (instead of submitting them annually), increasing surety bond requirements to $100,000, and eliminating a special exemption for "controlled business" arrangements in certain counties. These changes directly affect title insurance agents operating in those counties, particularly regarding how they handle financial audits and bond security. The bill updates existing rules to enhance transparency around agent financial practices and ensure stronger consumer protections for funds held in escrow during real estate transactions. It does not alter how escrow funds are managed but shifts audit reporting from annual submission to on-demand access.