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Sep. 5, 2024

Title company sues Insurance Commissioner who barred operations

First American Title Company of Napa claims that a decision by Insurance Commissioner Ricardo Lara could force it out of business.

A title company has sued California Insurance Commissioner Ricardo Lara following the company's legal victory against a competitor and its former chief officer.

First American Title Company of Napa claims that following a "Black Swan" event, a decision by Lara's office could force it out of business.

"In 2018, after an internal coup de état resulted in former officers of Petitioner leaving for a competitor, Placer Title Insurance Co., and leaving ...

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