Industry News

Nine title insurers to pay $37.8 million in settlement

Companies settle in California kickback probe
Published on Jul 20, 2005

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by CareyBot

Nine major title insurance companies agreed to pay $37.8 million in refunds and penalties for alleged illegal rebating in a settlement with California Insurance Commissioner John Garamendi, the commissioner announced today.   In addition to $12.5 million in penalties, the ...