Florida authorities said today that First American Title Insurance Company had agreed to pay $5 million in penalties and costs for allegedly securing business by paying "kickbacks" to builders, banker
Both sides are claiming victory in a dispute over proposed regulations for the title insurance industry in California after the state Office of Administrative Law returned the regulations to the insur
In today's report, "Review and Outlook 2006-2007," on the p-c industry, Fitch said the industry would record profits for the third consecutive year and could post its lowest combined ratio in recorded
Title insurers have been under increasing scrutiny since investigations in several states have uncovered what officials said were entrenched systems where title companies used illegal incentives and i
OIR says the reports paint a picture of a greedy title insurance industry ripping off Florida consumers by charging excessive fees to make huge profits. "Most Florida consumers of title insurance
The deputy commissioner of the Colorado Insurance Division, whose investigations sparked a multistate title insurance kickback probe, has accepted a new post as director of the parent agency's real es
The GAO report--"Title Insurance: Preliminary Views and Issues for Further Study"--was released through Rep. Mike Oxley, R-Ohio, chair of the House Financial Services Committee, who had requested the
WASHINGTON--A consumer advocate told a congressional panel yesterday that lawmakers "must act to remove or sharply reduce" the financial incentives for title insurance companies, title agents and other
NAIC Eyes Overhaul Of Title Insurance IndustrySalt Lake CityReacting to charges by Colorado and California authorities that title insurers paid kickbacks to secure business, state ...
NAIC Eyes Title Insurance OverhaulBy Steve TuckeyNU Online News Service, March 16, 11:55 a.m. EST, Salt Lake City Utah?Reacting to charges by Colorado and California ...