Title Insurance Premium Volume Increases 11 Percent in Q1 2015
June 2, 2015
Title insurance premium volume increased 11.1 percent during the first quarter of 2015 when compared to the same period a year ago, according to ALTA’s 2015 First-quarter Market Share Data Analysis.
The title insurance industry generated $2.6 billion in title insurance premiums during the first quarter of 2015 compared to $2.3 billion during the first quarter of 2014.
“As the economy continues to improve, homebuyers are showing more confidence in the real estate market,” said Michelle Korsmo, ALTA’s chief executive officer. “The title insurance industry generated more than $2.6 billion in title insurance premiums in the first quarter of 2015 and remains in a strong financial position.”
Click here to access a full information graphic with first quarter results.
ALTA expects to release its second-quarter 2015 Market Share Analysis around Sept. 1.
Contact ALTA at 202-296-3671 or [email protected].