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New York court again annuls title insurance reg
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Court Report
Wednesday, August 7, 2019
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On remand from the state’s Appellate Division, Justice Eileen Rakower again annulled title regulations set forth by the New York State Department of Financial Services. The New York State Land Title Association, along with two agencies, argued that the regulation’s provisions were arbitrary and capricious. Read on for Rakower’s reasoning for affirming her decision to annul the regulation.
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