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News & Press: Industry News

Q2 2016 Title Premium Volume Up

Tuesday, October 18, 2016  
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ALTA reported title insurance premium volume increased 3.9 percent during the second quarter of 2016 when compared to the same period a year ago. The title insurance industry generated $3.51 billion in title insurance premiums during the second quarter of 2016 compared to $3.37 billion during the second quarter of 2016, according to ALTA’s Market Share Analysis.

California was in second place with $446 million in title premiums, behind Texas with $505 million. Total industry assets exceed $9 billion, including over $8.1 billion in cash and invested assets. Statutory surplus is over $4.1 billion and statutory reserves are strong at over $4.3 billion.

California Land Title Association

1215 K Street #1816 Sacramento, CA 95814-3905
Email:  |  Phone: 916-444-2647  |   Fax: 916-444-2851