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Panel approves title‑insurance rule rewrite after members press to keep stricter language in several sections
Summary
The House Business Committee approved a rewrite of title‑insurance rules (IDAPA 18.05.01) but preserved stricter language in several sections after members warned that replacing directive words with permissive terms could reduce protections.
Shannon Hull (listed in the packet as Market Oversight Bureau Chief, Idaho Department of Insurance) presented IDAPA 18.05.01, a rewrite of the state’s title‑insurance rules. Hull told the committee the rewrite was intended to “simplify, clarify and reduce duplicative language” with statute and that the department had reduced the word count by about 7 percent. She identified one substantive update related to “collected funds” language intended to modernize escrow and payment handling in…
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