Industry News

Stewart Title accused of captive reinsurance scheme

$41.6 million in fines and penalties sought for $500,000 in premium rebates
Published on Jul 12, 2007

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California regulators are seeking $41.6 million in fines and penalties from Stewart Title Guaranty Corp. for alleged captive reinsurance schemes with home builders, lenders and a title agency. The California Department of Insurance alleges that Stewart Title paid $500,000 in ...