Loading chat...
MA H1098
Bill
Status
2/27/2025
Primary Sponsor
Antonio Cabral
Click for details
AI Summary
-
Establishes a 13-member special commission to study title insurance practices in Massachusetts and recommend changes to state laws regarding title insurance practices and rates
-
Commission responsibilities include reviewing state title insurance laws, examining rate-setting factors, comparing Massachusetts rates to other states, studying affiliated business arrangements in real estate transactions, and evaluating the feasibility of a public title insurance option similar to Iowa's system
-
Commission membership includes one Senator, one House member, the Insurance Commissioner and Attorney General as co-chairs, plus representatives from real estate, legal, mortgage, and housing organizations appointed by the Governor
-
Commission must submit findings, recommendations, and suggested legislation to legislative clerks and relevant joint committees by December 31, 2026
-
Similar legislation was filed in the previous session as House No. 952 of 2023-2024
Legislative Description
Resolve establishing a commission to better protect consumers in Massachusetts
Last Action
Accompanied a study order, see H5211
3/9/2026