Chicago Title Rate-Gouging Suit Not Time Barred

Law360, New York (August 17, 2012, 1:28 PM EDT) -- A Connecticut federal judge on Thursday rejected Chicago Title Insurance Co.’s bid to toss a putative class action accusing the insurer of failing to apply required mortgage refinancing discounts for title insurance, saying the suit was correctly brought as a contract action and therefore within the statute of limitations.

U.S. District Judge Alvin W. Thompson disagreed with Chicago Title’s argument that lead plaintiff Deborah Mahon was simply pleading tort complaints that were “creatively mislabeled” as a contract suit in order to take advantage of a longer...
To view the full article, register now.