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Bill > S0570


FL S0570

FL S0570
Title Insurance


summary

Introduced
01/02/2014
In Committee
01/10/2014
Crossed Over
Passed
Dead
05/02/2014

Introduced Session

Potential new amendment
2014 Regular Session

Bill Summary

Specifying that a title insurer is liable for all of its unpaid losses and claims; specifying which state law governs the amount of the reserve when a title insurer transfers its domicile to this state; specifying that only a licensed and appointed agent or agency is authorized to sell title insurance; revising the application requirements for a title insurance agency license; limiting the remedies available for the breach of duty arising from a title insurance contract, etc.

Committee Categories

Business and Industry, Justice

Sponsors (1)

Other Sponsors (2)

Banking and Insurance (Senate), Judiciary (Senate)

Last Action

Laid on Table, companion bill(s) passed, see CS/CS/HB 321 (Ch. 2014-112), CS/CS/HB 805 (Ch. 2014-132) (on 04/03/2014)

bill text


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