Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Stateline, Nev.-based TSI Title & Escrow was hit with a cease and desist order in California Wednesday accusing it of conducting more than $860,000 in business without licensing for that state. The title company agreed to provide in excess of $860,000 in coverage on properties in El Dorado and Placer Counties, collecting over $35,000 in premiums, while transacting business in California without a license, the California Department of Insurance said in a statement Wednesday. Officials at TSI Title could not be immediately reached for comment. An investigation between June 30, 2003, and Nov. 23, 2005, by CDI found that TSI Title & Escrow repeatedly violated California's insurance code by operating as an underwritten title company without holding a license from the California...