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New York agent licensing expected to become a reality
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Legislative Developments
Monday, March 31, 2014
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Insurance professionals providing title policies in New York will soon join 47 other states requiring a license under a provision contained in the state’s 2014-15 budget expected to be approved at the state capitol this week. The New York State Land Title Association has advocated for the licensing of title insurance agents for more than 10 years. During that time it has had been working with members of the legislature to address the issue. In recent months, Gov. Andrew Cuomo and Department of Financial Services Superintendent Benjamin Lawsky have been focused on enacting licensing provisions as part of the state budget process.
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