TITLE INSURANCE-VARIOUS House SponsorsRep. Ann M. Williams 1/7/2025HouseSession Sine Die 215 ILCS 155/3from Ch. 73, par. 1403215 ILCS 155/15.2 new215 ILCS 155/16from Ch. 73, par. 1416215 ILCS 155/16.2 new215 ILCS 155/17.2 new Amends the Title Insurance Act. Provides that the amendatory Act may be referred to as the Title Insurance Reform Act of 2023. Provides that no person, firm, partnership, association, corporation or other legal entity shall act as or hold itself out to be a title insurance agent without first procuring a certificate of authority from the Secretary of Financial and Professional Regulation (rather than unless duly registered by a title insurance company with the Secretary). Provides that a certificate of authority shall remain in effect unless revoked or suspended by the Secretary or voluntarily withdrawn by the holder, or when the holder of the certificate of authority is no longer authorized as a title insurance agent of a title insurance company. Provides that every applicant that is not duly registered as a title insurance agent on the effective date of the amendatory Act shall comply with specified requirements. Provides that the Secretary shall maintain a database of title insurance agents in good standing on a publicly accessible website that any person may use to verify the authority of a particular title insurance agent. Sets forth duties applicable to transactions involving residential real property for title insurance companies, title insurance agents, and independent escrowees. Effective immediately. 2/15/2023HouseFiled with the Clerk by Rep. Ann M. Williams 2/15/2023HouseFirst Reading 2/15/2023HouseReferred to Rules Committee 2/23/2023HouseAssigned to Insurance Committee 3/7/2023HouseDo Pass / Short Debate Insurance Committee; 014-000-000 3/8/2023HousePlaced on Calendar 2nd Reading - Short Debate 3/22/2023HouseSecond Reading - Short Debate 3/22/2023HouseHeld on Calendar Order of Second Reading - Short Debate 3/27/2023HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025HouseSession Sine Die