Class Action Suit Against Title Companies

Staff Writer
Contributor
Posted by Staff WriterOctober 20, 2006 11:07 AM

Some Washington homeowners are filing a class action lawsuit against two title companies who allegedly paid illegal inducements to get referrals that drove up the cost of their customers' title insurance. These consumers are seeking to hold the title companies accountable for their alleged illegal activities.


Romulo and Purita Lorenzo of Mill Creek and Catherine Blaylock and Jill Maccinnes of Bellevue filed suit in King County Superior Court against First American Title Insurance Co. and Pacific Northwest Title Co. of Washington on Wednesday -- two days after state Insurance Commissioner Mike Kreidler issued a report saying these and other title companies regularly exceeded a $25-a- year legal cap on spending to entice someone to steer business their way.

If you find you've done business with these firms, you may want to review your closing documents and contact the Insurance Commissioner.

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