Industry News

Stewart Title settles captive reinsurance claims for $1 million

California regulators had sought $41.6 million in penalties
Published on Aug 29, 2007

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by CareyBot

Stewart Title Guaranty Co. has agreed to pay California regulators $1 million to settle allegations that it paid illegal kickbacks to builders, lenders and title agents in exchange for title insurance business. In its complaint against Stewart Title, the California ...