Title insurers lash out at California competition report Premium Content

Study says three title insurers control 75% of California market

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A California title insurance organization lashed out Thursday at a report on competition in the state issued by California Insurance Commissioner John Garamendi, calling the report "bogus."

The California report, "An Analysis of Competition in the California Title Insurance and Escrow Industry," released by the commissioner's office, concludes that three insurers control 75 percent of the state's insurance market.

"The bogus report issued by (California Insurance Commissioner) John Garamendi ...

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