California Supreme Court Overturns Title Insurer Immunity Ruling In UCL Dispute

Mealey's (March 31, 2021, 9:28 AM EDT) -- SACRAMENTO, Calif. — The California Supreme Court on March 22 overturned a state appellate court’s ruling that a title insurer was immune under provisions of the state’s insurance code from a borrower’s lawsuit alleging that the insurer violated provisions of California’s unfair competition law (UCL) by charging rates for deed delivery services that were not approved by the California insurance commissioner, ruling that title insurers are not shielded from liability for charging unauthorized rates....