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Home » Store » News » Court Ruling Helps Lenders Use Insurance to Mitigate Legal Risks

Court Ruling Helps Lenders Use Insurance to Mitigate Legal Risks

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Errors and omissions insurance coverage can be tapped to provide legal support in lawsuits over alleged violations of the Real Estate Settlement Procedures Act and other consumer protection laws. The U.S. District Court for Maryland ruled in favor of Chase Title, Inc., in a dispute with Hartford Casualty Insurance Co. over whether the insurer had to defend Chase in a lawsuit over RESPA charges filed in Superior Court for the District of Columbia.
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