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NYS to Require Licensing of Title Insurance Agents.
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- Author(s): Gabay-Rafiy, Sari
- Source:
Insurance Advocate. 5/26/2014, Vol. 125 Issue 10, p36-37. 2p.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
The article focuses on the enactment of the Bill 56357-D Part V/A8557-D Part V by the legislature in New York State, which requires the licensing of title insurance agents. Topics include the requirements for mandatory disclosure on agents' commissions and payments, the exclusion of any officer or employee of a licensed title insurance agent from the authority of the Department of Financial Services (DFS) to impose fines and investigate complaints.
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