August 21, 2012
California wrote more than $1.3 billion in title premiums in 2011 according to the ALTA 2011 Title Insurance Industry Data Book. While total California premiums declined 5.3% from 2012, California still retained its lead over #2 Texas, which saw an 8.5% increase in premiums in 2011.
CLTA’s Executive Vice President Craig Page notes reports of surging refinance activity should lead to a strong 2012.