C.A.R vs DOI

July 7, 2009


Dear C.A.R. Member:

We have good news to report: Property profiles again may be provided to you by title companies.  As you may have heard, the California Dept. of Insurance (CDI)  

issued a letter June 12 that was unclear in this respect. C.A.R.’s Governmental Affairs Dept. met with the Dept. of Insurance on July 2 and expressed concern about the interpretation of the June 12 letter and its impact on the market. The CDI said they did not intend their letter to be interpreted to prohibit property profiles, and agreed to look at the matter, recognizing the urgency and the need for immediate action. Clarification was received today.  View a copy of C.A.R.’s letter to the Dept. of Insurance here.

We are pleased that the Dept. of Insurance is so responsive to industry needs, particularly when it results in tangible benefits to consumers, such as detecting fraud and providing valuable information about the title when taking listings and servicing buyers and sellers.

Yesterday’s letter makes it clear that the CDI’s chief deputy “did not intend for my June 12 letter to be interpreted as a call for title insurers to change their business practices.”  It goes on to say that any conduct must continue to be within existing law and does not mean that “anything goes”.  However, the letter is clear that the department will not take enforcement action against title insurers for distributing information about properties in the manner that they did immediately prior to June 12. The CDI will be proceeding with possible regulations in a manner that will not result in continued market disruption. C.A.R. will continue to be vigilant and protect your interests. We will be proactively monitoring this process as it goes forward and will inform you immediately of any changes.




Jim Liptak

2009 President


Categories News and Events | Tags: | Posted on July 8, 2009

Social Networks: RSS Facebook Twitter Google del.icio.us Stumble Upon Digg Reddit

Leave a Reply

Sorry, but you must be logged in to post a comment.

close window

Service Times & Directions

Weekend Masses in English

Saturday Morning: 8:00 am

Saturday Vigil: 4:30 pm

Sunday: 7:30 am, 9:00 am, 10:45 am,
12:30 pm, 5:30 pm

Weekend Masses In Español

Saturday Vigil: 6:15pm

Sunday: 9:00am, 7:15pm

Weekday Morning Masses

Monday, Tuesday, Thursday & Friday: 8:30 am

6654 Main Street
Wonderland, AK 45202
(513) 555-7856
Facebook Iconfacebook like buttonTwitter Icontwitter follow buttonLinkedIn