December 17, 2021

The Title Insurance Industry Marks Q3 2021 Best Quarter On Record

The title insurance industry generated $6.8 billion in title insurance premiums during the third quarter of 2021, marking the industry’s best quarter on record.

“Not only are ALTA members handling record volume, but title industry professionals continue to help enhance the customer experience to make the settlement process more efficient,” ALTA CEO Diane Tomb said in a statement. “ALTA members are leading the way to help make real estate transactions digital and more accessible. As technology automates and digitizes certain processes of the real estate transaction, ALTA members continue to deliver a valuable service and insurance product. While quicker turnaround times are desired, getting it right and performing essential duties in the settlement process and issuance of title insurance to meet customer needs will remain paramount.”  Read the full article here.