ALTA: Title Insurance Premiums Increase

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Title insurance premiums increased 15.6% between first-quarter 2024 and first-quarter 2025, the American Land Title Association reported.

The title insurance industry generated $3.9 billion in premiums during the first quarter, ALTA’s latest Market Share Analysis found.

ALTA CEO Chris Morton said the figures indicate the title industry remains financially stable and operationally sound.

Total operating income increased 14.7% during the first quarter of 2025 compared to last year’s first quarter, ALTA reported. Total assets approached $11.5 billion, while the statutory surplus exceeded $5.1 billion and statutory reserves were strong at $5.7 billion. The industry paid $162.5 million in claims during the first three months of 2025, up from $160.8 million during the same period a year ago.

The top states during the first quarter included:

Texas: $580,871,507, up 17.8%

Florida: $448,042,146, up 6.3%

California: $321,710,735, up 9.9%

New York: $271,921,716, up 42.7%

Pennsylvania: $138,989,052, up 8.2%

The top underwriters by market share in the first quarter were:

First American Title Insurance Co., 22.9%

Fidelity National Title Insurance Co., 14.1%

Old Republic National Title Insurance Co., 14.0%

Chicago Title Insurance Co., 12.9%

Stewart Title Guaranty Co., 9.2%

Westcor Land Title Insurance Co., 4.2%

Commonwealth Land Title Insurance Co., 3.2%

Title Resources Guaranty Co., 3.1%

WFG National Title Insurance Co., 2.7%

First American Title Guaranty Co., 1.7%