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Violation Tracker Individual Record

Company: Commonwealth Land Title Insurance Co. et al.
Current Parent Company: Fidelity National Financial
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
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 Current Parent: USA
HQ State of Current Parent: Florida
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.