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Despite Lower Premium Volume, U.S. Title Insurers Continue to Post Solid Results

October 12, 2023

The U.S. title insurance industry saw its volume of net premium written decline by 16.1% in 2022, to approximately $20.9 billion, following a decade of growth during which this level had more than doubled, according to a new AM Best report.

The AM Best report on the segment notes that the premium volume for this segment continued to drop in 2023, owing to higher mortgage interest rates and low housing inventory.

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