Thousands of affected consumers are receiving refund checks in their mailboxes from LSI Title Agency Inc., a Pennsylvania title company. In December 2013, the Maryland Insurance Administration (MIA) ordered LSI to pay consumers who were overcharged during real estate settlements. Those checks now are in the mail.
The MIA investigated the Coraopolis, Pa., company last year and ordered it to repay more than 5,000 consumers a combined $2,276,736, plus interest, for recordation tax overpayments made between July 1, 2008, and Dec. 31, 2012.
TO READ THE FULL STORY
Cover Story: