5 title insurance companies have paid $8.25M in the last 18 months to settle antitrust allegations leveled by New York Attorney General Letitia James
As lenders pivoted from refinancing to more complex purchase loan transactions, independent title insurers saw premiums written drop by 18.4% from a year ago
The smallest of the big four title insurers, Stewart and Old Republic, posted the strongest third-quarter growth
Rising home sales and prices helped title insurers post their best second quarter earnings ever, thanks to lower claims and a surge in premiums driven by rising home sales and prices
More comprehensive property information, loan data available within title and settlement orders
First American Title now feeding rates and fees to 'SmartGFE' service
PMIC was ordered to stop writing new policies in August
Original plan was a response to 'robo-signing' scandal
Bank of America already on board
Title insurers standing firm as state and federal officials turn up heat
Smaller underwriters, regional companies pick up market share
Fitch issues ratings downgrades for big three
Fidelity, First American boost profit margins
Other top companies post losses or decline in profits
More layoffs expected to keep costs in line with falling revenue