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Illinois bill provides authority to discipline against referring business
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Legislative Developments
Monday, June 10, 2019
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The Illinois General Assembly is considering a bill that would give the secretary of Financial and Professional Regulation the authority to refuse to issue or suspend or revoke a certificate of authority, registration or license under the Title Insurance Act or discipline the holder of such for referring a consumer to another producer of title business on the express or implicit condition that the producer of title business to whom that consumer is referred use a particular title insurance company or title insurance agent. Read on for more details.
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