DEPARTMENT OF INSURANCE, FINANCIAL INSTITUTIONS …

DEPARTMENT OF INSURANCE, FINANCIAL INSTITUTIONS AND PROFESSIONAL REGISTRATION

P 0. Bolt 690. Jefferson City. Mo. 65102-0690

ln re:

First American Title Insurance Compan) (NA IC #508 14)

)

) Examination ~o. 0906-24-TGT ) )

ORDER OF DIRECTOR

5 NOW. on this 1~ day of t , l C ~ ~O12, Director John ~- Huff. after consideration

and review of the market conduct examination report of First American T itle Insurance Company. (NA lC #50814), t hereafter referred to as ??first American'') report numbered 0906-24TGT. prepared and submitted by the Division of Insurance Market RegulaLion pursuant to ?374.205.3(3)(a). RSMo. and the Stipulation of Senlement and Voluntal) Forfeiture (..Stipulation") does hereby adopt such report as filed. After consideration and re\ iev. of the

tipulation. report. rele\ ant workpapers. and an) written submissions or rebuttals. the findings and conclusions of such report is deemed to be the Director' s findings and conclusions accompanying this order pursuant to ?374.205.3(4), RSMo.

This order. issued pursuant to ??37-t.205.3(4) and 374.280. RSMo and ?374.046. 15. RSMo (Supp. 20 12), is in the public interest.

IT IS THEREFORE ORDERED that First American and the Di\ ision of lnsuranc.:e l\ tar~cl Regulation have agreed to the tipulation and the Director does bereb)' appro\ e and agree to the Stipulation.

1

IT IS FURTHER ORDERED that First American shall not engage in any of the violations of law and regulations set forth in the Stipulation and shaJI implement procedures to place First American in full compliance with the requirements in the Stipulation and the statutes and regulations of the State of Missouri and to maintain those corrective actions at all times.

IT IS FURTHER ORDERED that First American shall pay, and the Department of Insurance, Financial Institutions and Professional Registration, State of Missouri, shall accept. the Voluntary Forfeiture of $165,000.00, payable to the Missouri State School Fund in accordance with ?374.280, RSMo.

IT IS SO ORDERED .

IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of my office

5 in Jefferson City, Missouri, this ,:ii day of /)(t/ihl{)~

, 20 12.

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