TITLE INSURANCE-VARIOUS
Summary
Amends the Title Insurance Act. Makes changes to defined terms. Prohibits any person from acting as a title insurance agent unless that person: (i) has been issued a license by the Secretary of Financial and Professional Regulation; and (ii) is registered with the Department of Financial and Professional Regulation by at least one title insurance company to perform core title agent services. Establishes disclosure requirements for criminal or disciplinary action involving a title insurance company, a title insurance agent, or independent escrowee. Requires every title insurance agent to obtain and maintain errors and omissions insurance or its equivalent in an amount that depends on whether the title insurance agent is also acting as an escrow agent. Sets forth provisions concerning requirements for the application of a title insurance agent license. Prohibits any individual, firm, association, partnership, or corporation from operating as a prelicensing or continuing education provider or administering examinations unless the provider holds a certification issued by the Department. Provides that the Secretary may set terms and conditions that a person shall be required to comply with during the term of probation for the person's authorization to operate. Effective immediately.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 6, 2026
Last action Apr 24, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
2
Committee
5
Apr 24, 2026
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 27, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As April 24, 2026
upper
Mar 13, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As March 27, 2026
upper
Feb 24, 2026
Committee
Assigned to Judiciary
upper
Feb 6, 2026
Committee
Referred to Assignments
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Mark Walker
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 3902
Scope: IL
Hi! I can help you understand SB 3902. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline