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  New York appellate court upholds title insurance regs Wednesday, January 16, 2019 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. |
 Colorado Legislature to consider bill regarding deedsWednesday, January 16, 2019 The Colorado Legislature is considering a bill concerning deeds for the conveyance of real property. The bill seeks to establish requirements for title insurance entities that prepare deeds and establish forms for the preparation of deeds in certain circumstances. Read on for more details. |
 Virginia considers settlement kickback legislation Wednesday, January 16, 2019 The Virginia General Assembly is considering a bill that relocates the existing provision that prohibits the paying or receiving of kickbacks, rebates, commissions, things of value or other payment pursuant to an agreement to refer business incident to a settlement, authorizing the State Corporation Commission to impose penalties, issue injunctions and require restitution in cases where a person who does not hold a license from the appropriate licensing authority has violated the provision. Read on for more details. |
Ohio governor announces insurance director nomineeWednesday, January 16, 2019 Shortly before his inauguration, Ohio Gov. Mike DeWine announced his nominees for members of the Cabinet, including his nominee for director of the state’s Department of Insurance. Read on for more details.
NAIC committee leadership named Wednesday, January 16, 2019 The National Association of Insurance Commissioners (NAIC) has named its 2019 committee chairs and vice chairs. The association also assigned members to the organization's standing committees based on preferences, experience and requirements established by the NAIC's Bylaws. Read on for more details.
 New York DFS releases guidance on whistleblowing programs Monday, January 14, 2019 The New York State Department of Financial Services recently issued guidance to all entities regulated by the department to enunciate principles institutions should take into account when developing a whistleblowing program. Read on for more details.
 NJ court affirms $1.3 million judgment for title company Monday, January 14, 2019 A New Jersey appellate court affirmed a lower court’s judgment of $1.3 million in favor of a title company as subrogee for the buyer of an apartment building after it was discovered the sellers presented a false discharge of a $1.1 million lien on the property. Read on for more details.
Indiana considering notice of sheriff’s sale legislation Monday, January 14, 2019 The Indiana General Assembly is considering a bill that would require that before selling property at a sheriff’s sale, the sheriff would have to advertise the sale by posting a notice of the sale on a website maintained by the county in which the real estate is located or the office of the sheriff. Read on for more details.
Virginia bill would require mineral rights disclosureMonday, January 14, 2019 The Virginia General Assembly is considering a bill that would require property disclosures furnished by sellers to buyers that the seller of the residential real property makes no representation to the condition of the real property nor representation with regard to any conveyance of mineral rights. Read on for more details.
Mortgage fraud mastermind sentenced Monday, January 14, 2019 The mastermind of a mortgage fraud scheme that defrauded financially distressed homeowners, investors, and financial institutions of nearly $1.5 million dollars was sentenced to more than 13 years in federal prison. Read on for more details.
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