Violation Tracker Individual Record

Company: 
Commonwealth Land Title Insurance Co. et al.
Current Parent Company: 
Fidelity National Financial
Penalty: 
$4,499,997
Year: 
2006
Date: 
March 21, 2006
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

Commonwealth Land Title Insurance Co., Lawyers Title Insurance Corp., and Transnation Title Insurance Co., all affiliates of LandAmerica, agreed to pay penalties of $1,724,999 and $174,998 in costs, and to repay excessive premiums to a aggregate of $2,600,000, in settlement of allegations their captive insurance arrangements constituted unfair competition, deceptive practices, and unlawful rebates.

Level of Government: 
state
Action Type: 
agency action
Agency: 
California Department of Insurance
Civil or Criminal Case: 
civil
Facility State: 
California
HQ Country of Parent: 
USA
HQ State of Parent: 
Florida
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
insurance
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.