BALTIMORE- The Maryland Department of Insurance (DOI) seized control of Bankers Title Insurance Co. because it said more than $1 million could not be accounted for. The money is believed to be missing from escrow and insurance premium funds. The company's license and business operation have been suspended, as well as the company's two agents. The takeover is expected to cause some delays in the release of funds, and could affect pending real estate settlements. -pgentile@cutimes.com
Maryland title company seized
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