Business Services Industry
Title insurance scandal won't shake captive industry.(News)(First American Title Insurance Co)
Business Insurance, March, 2005
Byline: GLORIA GONZALEZ SACRAMENTO, Calif.-While recent allegations of improper reinsurance arrangements between title insurers and noninsurance entities will likely mean the end of these types of reinsurance captives, the scandal is unlikely to have an impact on the captive insurance industry in general.
California Insurance Commissioner John Garamendi issued subpoenas to two title insurers Feb. 22 as part of a multistate investigation of reinsurance arrangements in the title insurance industry. Mr. Garamendi said he is investigating Jacksonville, Fla.-based Fidelity National Title and Richmond, Va.-based LandAmerica Financial Group Inc. for their alleged participation in title reinsurance schemes. Mr. Garamendi's announcement came after news that First...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
