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News & Press: Industry News

California #2 in Title Premiums for First Half of Year

Monday, September 16, 2019  
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The title insurance industry generated $6.95 billion in title insurance premiums during the first six months of 2019 compared to $7.06 billion during the same period a year ago, according to the American Land Title Association. During the first half of 2019, the industry paid $283.3 million in claims, up from $257.9 million in claims paid during the first six months of 2018. California ranked second behind Texas in total title premiums generated with $779,893,116. Texas ranked #1 with over $1 billion in premiums. Texas and New York, at #4, both saw total premiums increase. However, California saw a 2.4% drop. Florida ranked at #4 in total premiums generated despite also experiencing a slight decline.

California Land Title Association

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