Chicago Title Insurance v. Office of the Insurance Commissioner

¶1 Chicago Title Insurance Company seeks reversal of an Office of Insurance Commissioner (OIC) ruling, arguing that the ruling erroneously imposed vicarious liability on Chicago Title for the regulatory violations of Land Title Insurance merely because Chicago Title underwrites Land Title’s title insurance policies. We hold that the OIC did not have statutory, inherent, or common law authority to impose vicarious liability on Chicago Title for regulatory violations Land Title committed. We reverse the OIC judge’s decision and reinstate the administrative law judge’s (ALJ) order granting…