Mealey's Banking & Finance - Judge Decertifies Class Seeking Damages For Alleged Title Insurance Overcharges

Mealey's Banking & Finance - Judge Decertifies Class Seeking Damages For Alleged Title Insurance Overcharges

PITTSBURGH - A federal judge in Pennsylvania on March 7 decertified a class seeking damages under the state's Unfair Trade Practice and Consumer Protection Law (UTPCPL) and awarded summary judgment to First American Title Insurance Co. after finding that the plaintiffs were unable to present sufficient evidence that they justifiably relied on statements made by the company when refinancing their mortgage loans (Anthony L. Slapikas, et al. v. First American Title Insurance Company, No. 06-0084, W.D. Pa.; 2014 U.S. Dist. LEXIS 29974).

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