LISANTI v. ALAMO TITLE INS. OF TEXAS

No. 21,051.

35 P.3d 989 (2001)

131 N.M. 334

2001-NMCA-100

Nicholas LISANTI and Geraldine Lisanti, Plaintiffs-Appellants, v. ALAMO TITLE INSURANCE OF TEXAS, a member of the Fidelity National Group of Companies, and Fidelity National Title Insurance Company, Defendants-Appellees.

Court of Appeals of New Mexico.

Certiorari Granted November 16, 2001.


Attorney(s) appearing for the Case

Stephanie Landry, Margaret C. Ludewig, Landry & Ludewig, L.L.P., Albuquerque, NM, for Appellants.

Charlotte H. Hetherington, Simons, Cuddy & Friedman, L.L.P., Santa Fe, NM, for Appellees.


Certiorari Granted, No. 27,166, November 16, 2001.

OPINION

ALARID, Judge.

{1} By regulation, every policy of title insurance issued in New Mexico must contain a provision providing for arbitration of disputes arising out of or relating to the policy. Where the amount of insurance is $1 million or less, either party may require the other to submit to arbitration. Appellee, an insurer, invoked this provision to force Appellants, who are insured...

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