Request Legal Help Now - Free


First American Title Insurance Co.

Orange County, CA: First American Title Insurance Co. has quietly agreed to pay $10 million to settle allegations by California regulators that the company illegally drummed up business by making cash payments and other inducements to real estate professionals that included free software, tickets to rock concerts, chartered fishing trips, riverboat dinner cruises, and trips to racetracks and casinos. The payments and inducements to builders, lenders, and real estate agents and brokers totaled $371,490, including $106,000 in cash payments to Frontier Homes LLC, an Ontario, CA builder, according to allegations in a notice filed by the California Department of Insurance's legal division. First American sales managers and sales representatives in San Bernardino County also racked up $265,490 in expenses, providing free software, entertainment, gifts, food and beverages, and transportation to real estate professionals which regulators said amounted to illegal rebates. (Jan-24-07) [MONTEREY COUNTY HERALD: REAL ESTATE INCENTIVES]

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.

Published on Jan-26-07


Fields marked * are mandatory. Please read our comment guidelines before posting.


Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free