Title Premiums Rise: 3rd Qtr ‘09
By: Myles, December 7th, 2009
Good News and A Few Green Shoots: Title insurance premiums increased 1.4 percent from a year ago during the third quarter 2009, the first year-over-year growth in more than three years, the American Land Title Association reported.
ALTA’s preliminary Third-Quarter Market Share Report showed the title insurance industry generating $2.51 billion in premiums during the quarter ending Sept. 30, with revenue increasing in 32 of 50 states compared to a year ago.
Finally, it was the first year-over-year increase for the industry as a whole following 13 consecutive quarters of declines.
Tags: Title, Title Premiums
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