Old Republic sues Florida title agency

Suit alleges escrow funds used to buy property, cars

Inman News

An independent title agency in Florida is facing a civil suit alleging its owner used escrow funds to purchase real estate and luxury cars, including a BMW coupe and a Hummer H2.

The lawsuit, filed by Old Republic National Title Insurance Co., seeks $700,000 in damages from Lakeland, Fla.-based Independent Title Agency LLC, The Ledger of Lakeland, Fla., reported.

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