Title insurer crafted illegal 'no poach' hiring deals, N.Y. AG says

A probe of Fidelity National Financial uncovered both verbal and written no-poach deals.

By Erik Larson | March 30, 2023 at 01:16 AM

Fidelity National Financial agreed to pay $3.5 million to resolve a state investigation into its use of “no poach” deals, which effectively reduced competition, wages and opportunities for workers, New York Attorney General Letitia James said Wednesday in a statement. (Credit: wavebreakmedia/Shutterstock.com)

(Bloomberg) — Fidelity National Financial Inc., the biggest U.S. title insurer, illegally colluded with competitors by agreeing to not solicit, recruit or hire each other’s employees, the New York attorney general said.

The company agreed to pay $3.5 million to resolve a state investigation into its use of “no poach” deals, which effectively reduced competition, wages and opportunities for workers, New York Attorney General Letitia James said Wednesday in a statement.

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