Wash. Ruling Fuels Claims Faulting Insurers For Agent Antics

Law360, New York (August 6, 2013, 8:07 PM EDT) -- The Washington Supreme Court last week punished a title insurer for its agent's illegal "wining and dining" of mortgage lenders and others, a broadly written decision that experts say leaves deep-pocketed insurers of all types vulnerable to claims over their agents' misdeeds.

The state high court on Thursday held Chicago Title Insurance Co. accountable for its agent's violation of a Washington law that restricts gifts to real estate agents, builders, mortgage lenders and other companies that could steer customers to title insurers and their agents. Washington Insurance...
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