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A state appeals court has reinstated regulations on the title insurance industry enacted to prohibit insurers from wining and dining attorneys and real estate agents in exchange for business referrals and passing those costs along to consumers.

A panel from the Appellate Division, First Department on Tuesday reversed Manhattan Supreme Court Eileen Rakower’s order to annul the new regulations, promulgated by the state Department of Financial Services, on the grounds that they were arbitrary and capricious.

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Andrew Denney

Andrew Denney is a New York-based reporter covering litigation and other news from the federal and state courts. He can be reached at [email protected] Twitter: @messagetime

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