Title Companies Settle Rate Disputes in California, Missouri

February 16, 2010

Old Republic agreed to pay the California Department of Insurance $399,000 for allegedly charging lenders rates different than the rating rules that had been approved on certain residential refinance title insurance rates and escrow fees, while Fidelity settled a $500,000 fine with the Missouri Department of Insurance surrounding allegations that four of its underwriters charged consumers incorrect fees and used unapproved insurance policies.

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SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.