Title insurance premiums rise to $4.5B in Q2

Title insurers generated $4.5 billion in premiums during the second quarter of 2025, up from $4.1 billion a year earlier, according to the American Land Title Association’s (ALTA) latest Market Share Analysis.

“The title insurance industry continues to demonstrate resilience and reliability, even as the broader real estate market faces headwinds,” said ALTA CEO Chris Morton. “These results reflect not only strong financial performance, but also the vital role title professionals play in commercial real estate transactions alongside the residential housing market.

“Residential buyers, lenders and commercial real estate sectors all benefit from the stability and certainty title insurance protections provide every day.”

Total operating income grew 12.8% in the second quarter compared to the same period in 2024, the report said.

The industry held total assets of $11.5 billion at the end of the quarter — with a statutory surplus of $5.1 billion and reserves of $5.6 billion.

Through the first half of 2025, title premium volume was up 13.2% from the same period in 2024. Insurers paid $336 million in claims in the first six months of the year, compared with $333 million during the first half of 2024.

Market leaders

The top underwriters by second-quarter market share were:

• First American Title Insurance Co., 22.9%
• Fidelity National Title Insurance Co., 15.0%
• Old Republic National Title Insurance Co., 13.8%
• Chicago Title Insurance Co., 13.3%
• Stewart Title Guaranty Co., 10.7%

Other leading companies included Westcor Land Title Insurance Co. (3.9%), Commonwealth Land Title Insurance Co. (3.4%), Title Resources Guaranty Co. (3.1%), WFG National Title Insurance Co. (2.6%) and First National Title Insurance Co. (1.2%).