Lisanti v. Alamo Title Ins. of Texas
New Mexico Supreme Court
1Opinion of the Court
OPINION
MINZNER, Justice.
{1} Alamo Title Insurance of Texas (“Alamo”) appeals from an opinion of the Court of Appeals reversing an order of the district court staying proceedings on a complaint filed by Nicholas and Geraldine Lisanti (“the Lisantis”) pending arbitration. Lisanti v. Alamo Title Ins. of Tex., 2001-NMCA-100, 131 N.M. 334, 35 P.3d 989. The Court of Appeals held that NMSA 1978, § 59A-30-4(A) (1985), which gives the superintendent of insurance the power to promulgate regulations, and a regulation which requires that all title insurance claims under $1,000,000 be resolved through…
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