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California levies $1 million against First American for alleged violation
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Regulatory Updates
Monday, August 9, 2021
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First American Title Co. has agreed to pay a penalty of $1 million after a California Department of Insurance investigation alleged one of its title marketing representatives violated state law protecting consumers from conflicts of interest that can inflate the cost of real estate transactions. First American agreed to pay $50,000 to settle similar allegations against another employee in January 2021.
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