First American Title Co. of Idaho, Inc. v. Clark

BISTLINE, Justice.

The facts of these cases are not in dispute. First American Title Company of Idaho, Inc. (“First American of Idaho”), is an abstract title company incorporated in Idaho. It issues title insurance policies as the authorized agent and wholly owned subsidiary of First American Title Insurance Company, Inc., a national insurance company authorized to write title insurance policies in the State of Idaho. As an “insurer,” the national company pays the Idaho Director of Insurance a premium tax upon the insurance it writes. As an “agent,” First American of Idaho does not. Land Title…