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Violation Tracker Individual Record

Company: First American Title Insurance Co.
Current Parent Company: First American Financial
Penalty: $500,000
Year: 2007
Date: January 24, 2007
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: First American Title Insurance agreed to pay a $500,000 civil penalty in settlement of allegations it set up affiliated companies, in part ownership with referral partners, and then violated federal and state law when it paid kickbacks to encourage referral partners to provide First American with title insurance business, used unlicensed referral partners, and failed to ensure that referral partners properly disclosed their affiliated business relationship to customers.
Level of Government: state
Action Type: agency action
Agency: Minnesota Department of Commerce
Civil or Criminal Case: civil
Facility State: Minnesota
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.