Fidelity National Title Group (FNT) Settles With NY Attorney General
Fidelity National Title Group, Inc. (NYSE: FNT) a majority-owned, publicly traded subsidiary of Fidelity National Financial, Inc. (NYSE: FNF) announced that it has reached a settlement with the office of the Attorney General of the state of New York, ending nearly two years of industry-wide scrutiny.
FNT has agreed to a rate reduction of 15 percent on all purchase transactions in New York involving liability levels up to $1 million. FNT also agreed to a $2 million penalty that ends the investigation of the New York Attorney General.
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