House Sponsors: DURKIN. Short description: TITLE INSUR-RESCIND POLICY Synopsis of Bill as introduced: Amends the Title Insurance Act. Provides that an applicant for a title insurance commitment or policy who was referred to a title insurance company, independent escrowee, or title insurance agent by a producer of title business or by an associate of that producer shall have the right for 10 business days after acceptance of the real estate contract to rescind the title insurance policy or commitment order at no cost. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status