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Posted Date: Monday, May 13, 2024
Four years after they purchased property in Virginia, a couple sued their closing attorney for legal malpractice, alleging the attorney’s title examination failed to discover and disclose a gas lease and the gas company’s plans for new drilling.
Court Report
Posted Date: Monday, May 13, 2024
Florida Gov. Ron DeSantis signed legislation that provides that certain information submitted to the clerk of circuit court of property appraiser for the purpose of registering for a recording notification service is confidential and exempt from public records requirements.
Legislative Developments
Posted Date: Monday, May 13, 2024
The Alabama legislature is considering legislation relating to, among other things, the duration of residential listing agreements.
Legislative Developments
Posted Date: Monday, May 13, 2024
Twenty consumer and housing organizations called on the National Association of Insurance Commissioners to be more transparent about its homeowners insurance data call, agree to make the data available to the public and begin collecting this and more data on a regular basis.
Industry News
Posted Date: Monday, May 13, 2024
Elliot Eisenberg, Ph.D., chief economist at GraphsandLaughs, LLC, will share his passion and knowledge of the housing market and economy as a featured speaker at the National Settlement Services Summit (NS3) in Naples, Fla.
Among the topics he plans to cover is the question he hears a lot: when will the Fed cut interest rates?
Conference Coverage
Posted Date: Monday, May 13, 2024
A Chicago businessman pleaded guilty to a federal fraud charge for bilking elderly homeowners in a home repair and reverse mortgage scheme.
The Blotter
Posted Date: Wednesday, May 8, 2024
The subsequent owners of property in Garfield Heights, Ohio, appealed the confirmation of a sheriff’s sale following a judgment in foreclosure. They also sought to intervene in the foreclosure action.
Court Report
Posted Date: Wednesday, May 8, 2024
As data and cyber security issues continue to rise, hackers use every opportunity to compromise private consumer data, and affected companies are left to clean up the damage. A case out of U.S. District Court for the Eastern District of Pennsylvania may be a good indicator on how courts are approaching settlements for these incidents, including how much the attorneys are paid.
A judge reinstated the attorney fee award given in a class action suit after it was vacated by the Third Circuit Court of Appeals. The judge who reinstated the $3.2 million award had been tasked with re-considering its reasonableness.
Read on for more details.
Court Report, Cybersecurity
Posted Date: Wednesday, May 8, 2024
The Louisiana Department of Insurance issued a final publication to amend Rule 13, “Special Assessment to Pay the Cost of Investigation, Enforcement, and Prosecution of Insurance Fraud.”
Regulatory Updates
Posted Date: Wednesday, May 8, 2024
The Connecticut General Assembly is considering a bill that would require the state’s Department of Energy and Environmental Protection to release liens within a certain period of time when the lien has been satisfied.
Legislative Developments