626.844 – Grounds for discretionary refusal, suspension, or revocation of license or appointment.
626.844 Grounds for discretionary refusal, suspension, or revocation of license or appointment.—The department may, in its discretion, deny, suspend, revoke, or refuse to renew or continue the license or appointment of any title insurance agent or agency, and it may suspend or revoke the eligibility to hold a license or appointment of any such title insurance […]
626.8412 – License and appointments required.
626.8412 License and appointments required.— (1) Except as otherwise provided in this part: (a) Title insurance may be sold only by a licensed and appointed title insurance agent employed by a licensed and appointed title insurance agency or employed by a title insurer. (b) A title insurance agent may not sell a title insurance policy issued by an insurer […]
626.8443 – Duration of suspension or revocation.
626.8443 Duration of suspension or revocation.— (1) The department shall, in its order suspending a title insurance agent’s or agency’s license or appointment or in its order suspending the eligibility of a person to hold or apply for such license or appointment, specify the period during which the suspension is to be in effect, but such period […]
626.8413 – Title insurance agents; certain names prohibited.
626.8413 Title insurance agents; certain names prohibited.—After October 1, 2014, a title insurance agent or title insurance agency may not adopt a name that contains the words “title insurance,” “title company,” “title guaranty,” or “title guarantee” unless such words are followed by the word “agent” or “agency” in the same size and type as the words […]
626.8414 – Qualifications for examination.
626.8414 Qualifications for examination.—The department must authorize any natural person to take the examination for the issuance of a license as a title insurance agent if the person meets all of the following qualifications: (1) The applicant must be at least 18 years of age. (2) The applicant must be a United States citizen or legal alien who […]
626.8417 – Title insurance agent licensure; exemptions.
626.8417 Title insurance agent licensure; exemptions.— (1) A person may not act as a title insurance agent until a valid title insurance agent’s license has been issued to that person by the department. (2) An application for license as a title insurance agent shall be filed with the department on forms furnished by the department. (3) The department may […]
626.8418 – Application for title insurance agency license.
626.8418 Application for title insurance agency license.—Before doing business in this state as a title insurance agency, the applicant must file with the department an application for a license as a title insurance agency, on forms furnished by the department, which includes all of the following: (1) The name of each majority owner, partner, officer, and director […]
626.8419 – Appointment of title insurance agency.
626.8419 Appointment of title insurance agency.— (1) The title insurer engaging or employing the title insurance agency must file with the department, on forms furnished by the department, an application certifying that the proposed title insurance agency meets all of the following requirements: (a) The title insurance agency has obtained a fidelity bond in an amount of at […]
626.84195 – Confidentiality of information supplied by title insurance agencies and insurers.
626.84195 Confidentiality of information supplied by title insurance agencies and insurers.— (1) As used in this section, the term “proprietary business information” means information that: (a) Is owned or controlled by a title insurance agency or insurer requesting confidentiality under this section; (b) Is intended to be and is treated by the title insurance agency or insurer as private […]
626.842 – Credit and character reports.
626.842 Credit and character reports.— (1) As to each person appointed as title insurance agent for the first time in this state, the appointing insurer shall, coincidentally with such appointment, secure and thereafter keep on file a full, detailed credit and character report for the 5-year period immediately prior to the date of application for appointment, made […]