Title insurers to issue refunds to 3,500 Coloradans – Denver Business Journal:
About 3,500 Coloradans will get refunds totaling $393,000 from title-insurance companies and agents, the state’s Department of Regulatory Agencies announced Thursday.
It said Chicago Title Insurance has agreed with the state Division of Insurance to refund $266,000 to consumers, Chicago Title Insurance agents will refund an additional $115,000, and Fidelity National Title Insurance and agents will refund $12,500.
Besides the miscalculation of rates, officials said Chicago Title was charging fees for closing services that had not been filed with the Division of Insurance.
