Fidelity National Financial and Stewart Information Services Corp. have agreed to terminate FNF’s proposed merger with Stewart due to the Federal Trade Commission’s issuance of an administrative complaint seeking to block the merger. FNF said it will make a payment …
The U.S. Federal Trade Commission said on Friday that it had filed an administrative complaint aimed at preventing title insurance provider Fidelity National Financial, Inc. from buying rival Stewart Information Services Corp. The FTC valued the deal at $1.2 billion. …
U.S. real estate title insurance company First American Financial Corp. said on Friday it had learned of a design defect in one of its production applications that had made possible unauthorized access to customer data. The statement was sent in …
A Yellowstone County, Mont. jury has awarded just over $2 million in damages to a Texas man after a loan servicing company negligently included the legal description of his Billings property in the foreclosure paperwork for a Butte property. District …
Bermuda-based holding company White Mountains Insurance Group Ltd. has agreed to provide up to $13 million to OneTitle National Guaranty Co. Inc. and will take a minority stake in the company. OneTitle is a licensed New York title insurance underwriter …
The Arkansas Senate is backing a proposal to set up a new commission that would supervise the title insurance business. The body approved Sen. Jeremy Hutchinson’s bill on a 20-11 vote on March 17. The bill had failed the day …
New York’s new budget gives state financial regulators authority to issue licenses to title insurance agents for the first time. Sponsors say the measure is intended to protect consumers and lower costs for New York homeowners. The state’s Department of …
Secure Legal Title Ltd., a London-based provider of legal indemnity and title insurance, announced the registration at Lloyd’s of “Secure Legal Title Cover,” which will provide legal indemnity and title insurance for commercial property in the UK and throughout Europe. …
In a dispute pitting big business against consumer groups, the U.S. Supreme Court hears arguments Monday on whether a person has to suffer legal harm to sue a company over an alleged kickback it got. Cleveland home buyer Denise Edwards …
Aon Risk Solutions, the risk management business of Aon Corp, announced the appointment of Mark Manwaring as client director responsible for leading Aon’s national legal indemnity practice, with immediate effect. He is based in Aon’s UK headquarters in London, reporting …
