In Albany, title insurers testify that new regulations would kill jobs, raise costs

The nation’s most powerful title insurers descended on Albany on Friday for a showdown with Gov. Andrew Cuomo’s administration over the industry’s penchant for showering clients with gifts, fancy dinners and luxury box seats at Yankee Stadium. The hearing could have big implications for how the title insurance firms conduct business and staff their operations. On one side sat representatives from the “four families” of title insurance, eager to testify in a hearing convened by […]

Source: Real Estate

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