Fidelity Acquisition of Stewart Title Insurance Company Hits Hiccup in New York

February 5, 2019

The New York Department of Financial Services disapproved of Fidelity National Financial’s application to acquire Stewart Title Insurance Company, a New York-domiciled title insurance company that is licensed only in New York. In a regulatory filing, Fidelity and Stewart reported they are “evaluating the appropriate course of action in light of the regulator's determination." The deal has been approved in 28 other states.

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