Coll v. First American Title Insurance

EBEL, Circuit Judge.

In this litigation, Plaintiffs challenge New Mexico’s statutory scheme regulating title insurance, arguing it is contrary to state law. Here, Plaintiffs appeal the district court’s decision dismissing their claims against several title insurance companies that have complied with this New Mexico law. Having jurisdiction pursuant to 28 U.S.C. § 1291, we AFFIRM. 1

I. BACKGROUND

A. New Mexico Title Insurance Act

In New Mexico, “the business of title insurance [is] totally regulated by the state to provide for the protection of consumers and purchasers of title insurance policies…