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Utah considers insurance bill regarding filing requirements, trust funds
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Legislative Developments
Wednesday, February 15, 2023
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The Utah Legislature is considering insurance legislation that would, among other things, eliminate certain requirements for title insurance licensees to submit certain filings; clarify provisions relating to title companies’ deposit of trust money; and eliminate the requirement that the Title and Escrow Commission establish in rule an amount of costs and expenses that are covered by the annual assessment on agency title insurance producers and title insurers.
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