(Reuters) - He has submitted a new set of regulations to govern title
insurers, which will become effective on Jan. 1, 2009. The new
rules will be refined before that date and the agency will seek
feedback from the industry.
"Because there is no meaningful competition in the title
industry, consumers are paying unnecessarily high rates,"
Poizner said in his prepared statement. "These regulations will
ensure that prices are fair."
Read more at Reuters.com Government Filings News
insurers, which will become effective on Jan. 1, 2009. The new
rules will be refined before that date and the agency will seek
feedback from the industry.
"Because there is no meaningful competition in the title
industry, consumers are paying unnecessarily high rates,"
Poizner said in his prepared statement. "These regulations will
ensure that prices are fair."
Read more at Reuters.com Government Filings News
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