ALTA® Responds To Misleading Consumer Reports Article

July 7, 2006

ALTA wrote a letter to the editor of Consumer Reports Money Adviser responding to her July 2006 editorial, "Clear Title to Profits." The editorial made a number of inaccurate and/or misleading statements, saying that title insurance is "vastly overpriced" and that we don't pay enough in claims.

The reporter did not call ALTA for comment prior to publishing the story. She was basing her uneducated comments on what she has read in the media recently. When we see articles like this, we usually take the time to write to set the record straight and hopefully educate the writer for future articles. Click here to read ALTA's letter and see the original article.


Contact ALTA at 202-296-3671 or communications@alta.org.

North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents. SoftPro is the nation's leading provider of closing and title software, consistently pushing the technological envelope to pioneer the most powerful and comprehensive closing and title automation software on the market. SoftPro's Award-Winning Software combines cutting-edge technology with outstanding support to make your business more productive, efficient and boost your revenue.