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New York appellate court upholds title insurance regs
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Court Report
Wednesday, January 16, 2019
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In a decision reversing a state trial court’s decision, the New York Supreme Court, Appellate Division, First Department upheld most of the title insurance regulations issued by the state’s Department of Financial Services in late 2017. The regulations were the subject of scrutiny, with the New York Assembly Standing Committee on Insurance holding a hearing on the regulations before the New York State Land Title Association and two title insurance agents filed suit against DFS. Read on for more details.
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