2025 Second Quarter Title Insurance Industry Market Share Executive Summary

September 18, 2025

Title Insurance Industry Market Share and Financial Statement compilations for the 2nd Quarter of 2025 are now available on the ALTA website (www.alta.org/business-operations/research-initiatives-and-resources/industry-financial-data/).

The second quarter of 2025 was a positive quarter for the title insurance industry. Title Insurance Premiums Written were up 11.2% from the second quarter of 2024. This was the third-highest 2nd Quarter in the industry’s history. Total Operating Income was up 12.8%. Operating Expenses were up 12.4% and Loss and Loss Adjustment Expenses were up 3.5%, resulting in Net Operating Gain of $275.6 Million. Adding in Net Investment Gain of $106.8 Million resulted in Net Income of $315.5 Million. This compared to $298.1 Million for the 2nd Quarter of 2024, an increase of 5.8%. This was the fourth highest 2nd Quarter in the industry’s history.

With $315.5 Million of Net Income, the industry continued its strong financial position.  Total Assets were $11.5 Billion, including $10.3 Billion in Cash and Invested Assets.  Statutory Surplus was over $5.1 Billion and Statutory Reserves were strong at $5.6 Billion.

After 7 consecutive quarters in which Title Premiums Written decreased from the prior years equivalent quarter, the 1st Quarter of 2024 essentially ended this string, showing a decrease of only 0.6%, and the 2nd, 3rd and 4th Quarters of 2024 and the first two Quarters of 2025 recorded increases of 4.2%, 5.5%, 20.2%, 15.6% and 11.2% respectively.

On a state-by-state basis, 49 states, plus the District of Columbia, showed 2nd Quarter 2025 written premiums increasing from 2nd Quarter 2024. One state, North Dakota, was up over 50%, thirteen states were up between 20% and 30%, 21 states, plus the District of Columbia, were up between 10% and 20% and 14 states were up less than 10%. Only one state, Vermont, was down less than 10%.

All ten of the largest states recorded increases. The largest state - Texas was up 10.6%, Florida, the #2 state, was up 2.0%, California, the #3 state, was up 8.7%, New York, the #4 state, was up 16.7% and Pennsylvania, the #5 state, was up 9.4%.


Contact ALTA at 202-296-3671 or [email protected].