Our attorneys are investigating a title insurance overcharge lawsuit after home buyers report that they were charged incredibly high rates and fees when purchasing title insurance. Title insurance rates are regulated in many states, and many impose caps on how much title insurers can charge.
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Past Title Insurance Overcharge Lawsuits
In 2002, Old Republic Title Company reportedly paid over $5 million to settle a lawsuit by the San Francisco District Attorney alleging that Old Republic charged home buyers for government fees that the title insurer never had to pay, such as for wire transfers and reconveyance of deeds.
In 2008, a lawsuit was filed against Fidelity, Chicago Title, First American, and Old Republic alleging that the companies had violated antitrust law with anticompetitive conduct. The complaint alleged:
In some of the major markets in the United States, these same title insurers collectively meet, and jointly set rates… The companies agree to fix the price of title insurance far in excess of the risk and loss experience associated with such insurance.
Our Attorneys Investigating Title Insurance Overcharge
Gibbs Law Group is a California-based law firm committed to protecting the rights of clients nationwide who have been harmed by corporate misconduct. We represent individuals, whistleblowers, employees, and small businesses across the U.S. against the world’s largest corporations. Our award-winning lawyers have achieved landmark recoveries and over a billion dollars for our clients in high-stakes class action and individual cases involving consumer protection, data breach, digital privacy, and federal and California employment lawsuits. Our attorneys have received numerous honors for their work, including “Top Plaintiff Lawyers in California,” “Top Class Action Attorneys Under 40,” “Consumer Protection MVP,” “Best Lawyers in America,” and “Top Cybersecurity/ Privacy Attorneys Under 40.”
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