The state’s Department of Financial Services issued final regulations Wednesday aimed at stopping “unscrupulous practices” in the title insurance industry.
One of the finalized regulations clarify the rules around marketing expenses, including meals, entertainment and ancillary fees that title agents or title insurers may charge a customer at closing.
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Josefa Velasquez
Josefa Velasquez is a regulatory and Court of Appeals reporter for the New York Law Journal based in Albany, N.Y. Contact Josefa Velasquez at [email protected]. Twitter: @j__velasquez
