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New York finalizes title insurance regulations
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Regulatory Updates
Monday, October 16, 2017
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Earlier this year, New York Gov. Andrew Cuomo announced proposed regulations regarding title insurance rates and expenses, as well as affiliated business arrangements. Those regulations have been finalized.
The first of those regulations to go into effect is Insurance Regulation 206: Title Insurance Agents, Affiliated Relationships and Required Disclosures, on Oct. 18. The second is Insurance Regulation 208: Title Insurance Rates, Expenses and Charges, which goes into effect on Dec. 18.
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