Title Insurance Premium Volume Drops by 38% in 4Q 2022

HousingWire, May 8, 2023–Brooklee Han
The rapid housing market cool down and the rapid pace at which the Federal Reserve hiked interest rates took their toll on the title insurance industry in 2022. Last year, the industry generated $21 billion in title insurance premiums, down 16% from 2020, according to the American Land Title Association’s Market Share Analysis released Monday.