SB 3902 Illinois Senate · 104th Regular Session

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

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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
Photo of Mark Walker
Mark Walker
DDemocratic
IL
27