Lawmakers likely to OK title insurance panel

While the Colorado Legislature appears to be on track to approve legislation creating a Title Insurance Commission within the Division of Insurance before this legislative session ends on May 6, stakeholders in the wrangling over construction defects probably will have to wait at least another year before any changes to existing statutes pass through the Legislature.

Action on title insurance seems likely. On April 22, the Colorado Senate’s Business, Labor and Technology Committee approved Senate Bill 15-210 by an 8-1 vote, sending the bill to the Senate Finance Committee. The bill is a response to the…