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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Here is that article Posted by bukzin on June 30, 2009 at 8:46 PM In Reply to: I'm not a member of that site. Maybe you can cut & paste the text. (nt) posted by JK (the other JK) on June 27, 2009 at 10:16 AM : : : : You should not have had your profiles pulled. Many of their : : : : other seach engines have been pulled from us. Data Quicks foreclosure : : : : finder and their two farm programs were taken away from us. Although : : : : they will still do a farm if we call it in. Go figure! I read an : : : : article the other day about a title company that got fined something like : : : : $25k and could not write a policy for 30 days for violating the bill. : : : It's all public information -- just like prelims. How is pulling a title profile and local comps any different than providing a preliminary title report? I think that is hugely different than giving gifts, buying dinners, etc. or providing compensation. : : JK : : Its not a link but a article one of our reps gave me. It was still in my trash can. : : I lied it was $5000 and 20 days. : : http://www.thelegaldescription.com/ME2/Audiences/dirmod.asp?sid=&nm=&type=news&mod=News&mid=ACAC9426E1214D159500CBCA87ADAFBD&tier=3&nid=AAB857A7709F4C788CA090E3FC9A953A : : Sorry I ever learned how to do a tiny url : : All those services are still paid services coming out of the reps account, public info or not. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Calif. Insurance Commissioner continues efforts to crack down on illegal marketing practices The California Department of Insurance has reached an agreement with Nations Title Co. and its agent. The agency has agreed to pay $4,000 in penalties and $1,000 to CDI for the reimbursement of attorney fees and costs for illegal marketing practices including presenting an educational seminar for Realtors and lenders. (6/15/2009) Continuing his efforts to crack down on illegal title marketing practices, California Insurance Commissioner Steve Poizner announced that the Department of Insurance has reached an agreement with Carmen Rojo and her employer Nations Title Company of California to resolve allegations of illegal rebating activities. Under the settlement, Rojo agreed to halt these activities and to a suspension of her certificate of registration for 20 days. She will not be able to market and sell title insurance during that time. Separately, Nations Title Company of California agreed to pay $4,000 in penalties and $1,000 to CDI for the reimbursement of attorney fees and costs. In March 2009, CDI began investigating and examining the marketing practices of Rojo and her employer Nations Title Co. of California after receiving written complaints alleging illegal rebating activities. The department investigated marketing activities in Nations Title Co. of California's Norwalk office since January 1, 2009. Based on results of the investigation, CDI alleged that Rojo presented an offsite educational seminar for Realtors and lenders on Feb. 25, 2009. The topics included bankruptcy, loan modifications and marketing, and overcoming fear and goal setting. The seminar was advertised via fliers distributed by Rojo. It is illegal to provide educational programs that are not exclusively related to title insurance business. In addition, a complimentary lunch was provided to the approximately 50 realtors and lenders at the seminar. The cost of the food and beverages and other costs associated with putting on the seminar is estimated at more than $2,100. Prior to the new legislation (SB 133) sponsored by the California Land Title Association, the Department of Insurance had no enforcement authority over the individual title marketing representatives who engaged in illegal rebating activities. While the practices were illegal, the Department only had recourse against the title insurers. Under the new law, effective January 1, 2009, the Department is authorized to bring administrative actions against individual title marketing representatives along with title insurers who engage in illegal practices to refer title business. The new law establishes zero tolerance for enticing realtors and lenders with food or beverage or entertainment as an inducement to refer title business. Additionally, it provides the Department with regulatory oversight of title marketing representatives by establishing a certification program and disciplinary action including the imposition of a monetary penalty to be paid out of personal funds and suspension of the certificate of registration. A title marketing representative must hold a valid certificate of registration from CDI to act in that capacity. To date, CDI has issued 1,913 certificates of registration to title marketing representatives. Affordable reprints of this article are available. Click here for more information. Comment Box - October Research Corporation is not responsible for the comments posted on its web sites by readers. We will do our best to remove comments that include profanity, personal attacks or other inappropriate remarks. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : : : : You should not have had your profiles pulled. Many of their : : : : : other seach engines have been pulled from us. Data Quicks foreclosure : : : : : finder and their two farm programs were taken away from us. Although : : : : : they will still do a farm if we call it in. Go figure! I read an : : : : : article the other day about a title company that got fined something like : : : : : $25k and could not write a policy for 30 days for violating the bill. : : : : It's all public information -- just like prelims. How is pulling a title profile and local comps any different than providing a preliminary title report? I think that is hugely different than giving gifts, buying dinners, etc. or providing compensation. : : : JK : : : Its not a link but a article one of our reps gave me. It was still in my trash can. : : : I lied it was $5000 and 20 days. : : : http://www.thelegaldescription.com/ME2/Audiences/dirmod.asp?sid=&nm=&type=news&mod=News&mid=ACAC9426E1214D159500CBCA87ADAFBD&tier=3&nid=AAB857A7709F4C788CA090E3FC9A953A : : : Sorry I ever learned how to do a tiny url : : : All those services are still paid services coming out of the reps account, public info or not. : +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ : : Calif. Insurance Commissioner continues efforts to crack down on illegal marketing practices : The California Department of Insurance has reached an agreement with Nations Title Co. and its agent. The agency has agreed to pay $4,000 in penalties and $1,000 to CDI for the reimbursement of attorney fees and costs for illegal marketing practices including presenting an educational seminar for Realtors and lenders. : (6/15/2009) : Continuing his efforts to crack down on illegal title marketing practices, California Insurance Commissioner Steve Poizner announced that the Department of Insurance has reached an agreement with Carmen Rojo and her employer Nations Title Company of California to resolve allegations of illegal rebating activities. : Under the settlement, Rojo agreed to halt these activities and to a suspension of her certificate of registration for 20 days. She will not be able to market and sell title insurance during that time. Separately, Nations Title Company of California agreed to pay $4,000 in penalties and $1,000 to CDI for the reimbursement of attorney fees and costs. : In March 2009, CDI began investigating and examining the marketing practices of Rojo and her employer Nations Title Co. of California after receiving written complaints alleging illegal rebating activities. The department investigated marketing activities in Nations Title Co. of California's Norwalk office since January 1, 2009. Based on results of the investigation, CDI alleged that Rojo presented an offsite educational seminar for Realtors and lenders on Feb. 25, 2009. The topics included bankruptcy, loan modifications and marketing, and overcoming fear and goal setting. The seminar was advertised via fliers distributed by Rojo. It is illegal to provide educational programs that are not exclusively related to title insurance business. In addition, a complimentary lunch was provided to the approximately 50 realtors and lenders at the seminar. The cost of the food and beverages and other costs associated with putting on the seminar is estimated at more than $2,100. : Prior to the new legislation (SB 133) sponsored by the California Land Title Association, the Department of Insurance had no enforcement authority over the individual title marketing representatives who engaged in illegal rebating activities. While the practices were illegal, the Department only had recourse against the title insurers. Under the new law, effective January 1, 2009, the Department is authorized to bring administrative actions against individual title marketing representatives along with title insurers who engage in illegal practices to refer title business. : The new law establishes zero tolerance for enticing realtors and lenders with food or beverage or entertainment as an inducement to refer title business. Additionally, it provides the Department with regulatory oversight of title marketing representatives by establishing a certification program and disciplinary action including the imposition of a monetary penalty to be paid out of personal funds and suspension of the certificate of registration. A title marketing representative must hold a valid certificate of registration from CDI to act in that capacity. To date, CDI has issued 1,913 certificates of registration to title marketing representatives. : Affordable reprints of this article are available. Click here for more information. : Comment Box - October Research Corporation is not responsible for the comments posted on its web sites by readers. We will do our best to remove comments that include profanity, personal attacks or other inappropriate remarks. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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