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Committee approves title-insurance rule rewrite after debate over 'will' vs. 'may' language
Summary
The House Business Committee considered and moved forward IDAPA 18.05.01, a rewrite of title-insurance rules, after a debate about replacing declarative prohibitions with permissive wording in multiple sections.
The House Business Committee reviewed IDAPA 18.05.01, a Department of Insurance rewrite of title-insurance rules that the department said was intended to modernize and reduce duplication with statute. Shannon Hole (Market Oversight Bureau Chief, Idaho Department of Insurance) told the committee the rewrite clarifies section 41-2708 of Idaho Code and modernizes the treatment of collected funds; she said the rule was developed through negotiated rulemaking and that the department received no opposition.
Several representatives pressed the department about wording changes that replaced stronger prohibitory terms with more permissive…
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