2025 Full-year Title Insurance Industry Market Share Executive Summary
May 19, 2026
Title Insurance Industry Market Share and Financial Statement compilations for the 4th Quarter of 2025 are now available on the ALTA website (www.alta.org/business-operations/research-initiatives-and-resources/industry-financial-data/).
The fourth quarter of 2025 was another positive quarter for the title insurance industry. Title Insurance Premiums Written were up 14.5% from the fourth quarter of 2024. Total Operating Income was up 13.5%. Operating Expenses were up only 11.1% and Loss and Loss Adjustment Expenses were up only 4.3%, resulting in Net Operating Gain of $333.0 Million. Adding in Net Investment Gain of $36.5 Million resulted in Net Income of $319.4 Million. This compared to $272.6 Million for the 4th Quarter of 2024, an increase of 17.2%. This brought Net Income for the year to $1.168 Billion, the 5th highest yearly Net Income in the industry’s history.
With $1.168 Billion of Net Income, the industry continued its strong financial position. Total Assets were $11.7 Billion, including $10.5 Billion in Cash and Invested Assets. Statutory Surplus was over $5.0 Billion and Statutory Reserves were strong at $5.7 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 four Quarters of 2025 recorded increases of 4.2%, 5.5%, 20.2%, 15.6%, 11.2%, 14.2% and 14.5%, respectively.
On a state-by-state basis, 49 states showed 4th Quarter 2025 written premiums increasing from 4th Quarter 2024. One state, New Mexico, was up over 200%, three states (West Virginia, Iowa and Wyoming) were up over 30% (63.8%, 49.1% and 37.2%, respectively). Eight states were up between 20% and 30%, 25 states were up between 10% and 20%, 10 states were up between 10% and 20%, and 12 states were up less than 10%. Only one state, plus the District of Columbia, were down less than 10%.
All ten of the largest states recorded increases. The largest state - Texas was up 10.0%, Florida, the #2 state, was up 10.8%, California, the #3 state, was up 11.9%, New York, the #4 state, was up 25.8% and Pennsylvania, the #5 state, was up 16.1%.
Contact ALTA at 202-296-3671 or [email protected].