Mercury Cos. sues title insurance underwriter
Suit claims First American must serve subsidiaries
By Matt Carter, Thursday, May 15, 2008.Mercury Companies Inc. -- the parent of troubled Alliance Title Co. -- has sued First American Corp. to force the company to continue underwriting title insurance policies on behalf of other Mercury subsidiaries in California.
Alliance Title, which once claimed more than 2,000 employees at 200 branches in California, closed its doors without warning in December (see Inman News story).
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