Settlement OK'd In Title Insurance Overcharge Action

Law360, New York (September 10, 2009, 1:17 PM EDT) -- A judge has given a preliminary green light to a settlement in a breach of contract class action brought by Florida property owners accusing Integrated Real Estate Processing LP of overcharging for title insurance when the owners refinanced their mortgages.

Judge Marcia Morales Howard of the U.S. District Court for the Middle District of Florida on Wednesday granted preliminary approval of the agreement and class certification for the purposes of the settlement.

The class includes a total of about 22,000 customers who refinanced their loans, including...
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