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Duplicate policies promising first lien position lead to dispute between agent, underwriter
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Court Report
Thursday, June 20, 2013
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After it was discovered that a title agent had completed two transactions within two months providing title insurance assuring two lenders first lien position on the same Colorado companies, the title insurer in both transactions handled title claims for both parties. It then sued the agent. Read on to find out what the Colorado Court of Appeals ruled when the case went before it.
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