Kentucky HB 159: 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.

Status: Recommitted to Banking & Insurance (H) (as of 2017-02-17)

State: Kentucky · Session: 2017RS · Bill: HB 159

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