BILL · 2005–06 SESSION · LATEST VERSION EHB 1157

HB 1157: Title insurance companies

Allowing title insurance companies to provide a guarantee covering its agents.

Summary

Allows title insurance companies to provide a guarantee accepting financial responsibility for up to $200,000 for fraudulent or dishonest acts committed by its title agents. This is an alternative to existing financial requirements.
Any guarantee must approved by the Office of the Insurance Commissioner.
Allows a title agent to meet the requirement for a fidelity bond, surety bond, or fidelity insurance by purchasing the bond or insurance through the surplus lines.

From the House Bill Report (HB 1157), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate

AN ACT Relating to allowing title insurance companies to provide a guarantee covering its agents;

Passed February 28, 2005

Version voted on: EHB 1157

95 Yea 0 Nay 0 Absent 3 Excused

Party	Yea	Nay	Absent	Excused
Democrat	54	0	0	2
Republican	41	0	0	1

How each member voted

Jan 9, 2006By resolution, reintroduced and retained in present status. (EHB 1157)
Jan 9, 2006House Rules "X" file. (EHB 1157)
Apr 24, 2005By resolution, returned to House Rules Committee for third reading. (EHB 1157)
Mar 2, 2005First reading, referred to Financial Institutions, Housing & Consumer Protection. (EHB 1157)
Feb 28, 2005Third reading, passed; yeas, 95; nays, 0; absent, 0; excused, 3. (EHB 1157)
Feb 28, 2005Rules suspended. Placed on Third Reading. (EHB 1157)
Feb 28, 2005Committee amendment adopted with no other amendments. (EHB 1157)
Feb 15, 2005Placed on second reading by Rules Committee. (EHB 1157)
Feb 8, 2005Made eligible to be placed on second reading. (EHB 1157)
Jan 31, 2005Passed to Rules Committee for second reading. (EHB 1157)
Jan 27, 2005FII - Majority; do pass with amendment(s). (EHB 1157)
Jan 18, 2005First reading, referred to Financial Institutions & Insurance. (EHB 1157)

Bill numbers restart every two years, so the same number is a different bill in each session.

HB 1157 (2025–26) Vital records family access · Enacted · Chapter 37, Laws of 2025
HB 1157 (2023–24) Wild and exotic animals · Did not pass · died in committee
HB 1157 (2021–22) Housing supply · Did not pass · passed House, stalled in Senate
HB 1157 (2019–20) Initiatives/local options · Did not pass · died in committee
HB 1157 (2017–18) Motorcycles on laned roads · Did not pass · died in committee
HB 1157 (2015–16) Quick title service fees · Enacted · Chapter 1, Laws of 2015, 2nd Special Session
HB 1157 (2013–14) Election law changes · Did not pass · passed House, stalled in Senate
HB 1157 (2011–12) Forest practices permitting · Did not pass · died in committee