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Title Insurer Sues State Insurance Regulator

Michele Derus:

"A Wisconsin-based title insurer has sued state insurance regulators for alleged failure to enforce a state ban on real estate kickback deals.

Numerous lenders and realty brokers" are steering home purchasers to title insurance policies on which they collect an illegal cut - while regulators essentially stand by, contends the Dane County Circuit Court lawsuit by Harvey A. Pollack, who runs Land Title Services Inc. in Wauwatosa.

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