Title insurers boost profits in down market
Premiums fell $400 million in 2006, but more written internally
By Inman News, Wednesday, July 11, 2007.Despite a $400 million drop in written premiums, title insurers boosted net income more than 5 percent in 2006, in part by shifting business from affiliated business arrangements to direct operations, according to a new report by consulting and financial analysis firm Demotech Inc.
At 4.94 percent, the industry's loss ratio was slightly better than 2005, but remains near a 10-year high, Demotech said.
more...
Premium Member account.
Premium Members have full access to all news archives.
Buy Now Purchase 1-year Premium Membership - $149.95
OR
Buy Now Purchase Monthly Premium Membership - $19.95
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.