Q1 2019 Title Premium Volume Dips 5 Percent
June 11, 2019
The title insurance industry generated $3.07 billion in title insurance premiums during the first quarter of 2019 compared to $3.24 billion during the same period a year ago, according to ALTA’s latest Market Share Analysis.
During the latest quarter, the industry paid $128.3 million in claims. This is up from $119.4 million in claims paid during the first quarter of 2018.
Family Market Share (85.2%)
- Fidelity Family, 32.6%
- First American Family, 26.0%
- Old Republic Family, 15.9%
- Stewart Family, 10.5%
Independent Companies (14.8%)
- Westcor Land Title Insurance Co., 3.4%
- Title Resources Guaranty Co., 2.4%
- WFG National Title Insurance Co., 2.3%
- North American Title Insurance Co., 1.6%
- Alliant National Title Insurance Co., 0.9%
- First National Title Insurance Co., 0.9%
Top States
- Texas, $444,104,985 (-1.5%)
- Florida, $319,356,959 (-1.6%)
- California, $318,042,534 (-12.7%)
- New York, $251,472,266 (0.6%)
- Pennsylvania, $119,020,274 (-7.4%)
Click here for more market share data.
Contact ALTA at 202-296-3671 or [email protected].