February 15, 2013
Again not surprising that we, the consumers, may not be the "clients" that Fidelity National Title are seeking.....................
It was reported that the California Insurance Department entered into a $1.25 million settlement agreement with Fidelity National Title Insurance Company and its affiliates, regarding claims that the company engaged in illegal rebating activities. Fidelity also agreed to reimburse the Department $175,000 of its costs. An investigation revealed that Fidelity allegedly allowed realtors and other providers to pay a sublicensing fee for use of a technology platform to access orders placed with the insurer. The agreements were allegedly used to induce the referral of title, escrow and home warranty business.
