AN ACT relating to title insurance. Create new sections of Subtitle 9 of KRS Chapter 304 to define terms; require title insurance agents to be licensed by the Department of Insurance; require a title insurance agent to provide a good-faith estimate of the premium upon the issuance of a title insurance commitment for a specified dollar amount; allow the commissioner to promulgate administrative regulations; amend KRS 304.9-030 to include title insurance as a type of insurance for which an agent may receive a qualification; amend KRS 304.22-030 to conform; EFFECTIVE January 1, 2018.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 7, 2017
Last action Feb 17, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
1
Committee
3
Amendments
1
Feb 17, 2017
Committee
Recommitted to Banking & Insurance (H)
legislature
Feb 16, 2017
Introduced
Floor amendment (1) filed
legislature
Feb 9, 2017
Legislature · Passed
Posted in committee
legislature
Feb 7, 2017
Committee
To Banking & Insurance (H)
legislature
Jan 7, 2017
Introduced
Introduced in House
legislature
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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