For Immediate Release

ALTA Reports Title Insurance Premium Volume Increased 7% in 2024

Washington, DC, May 15, 2025 — Washington, D.C., May 15, 2025 — The title insurance industry generated $16.2 billion in title insurance premiums during 2024, according to the American Land Title Association’s (ALTA’s) latest Market Share Analysis. This is a 7% increase compared to 2023.

“Despite ongoing challenges from limited housing inventory and elevated mortgage rates, title professionals remain steadfast in their role—protecting property rights and serving their communities,” said Diane Tomb, ALTA’s chief executive officer. “Beyond managing closings and ensuring secure transactions, title and settlement agents play a crucial role in educating consumers about a host of threats to homeownership, such as fraud, heirs’ property complications and predatory real estate fee agreements.”

In 2024, the industry paid more than $676 million in claims. This is up from $638 million in claims paid in 2023.

Top 10 Underwriters by Market Share in 2024

  1. First American Title Insurance Co., 22.2%
  2. Fidelity National Title Insurance Co., 14.3%
  3. Old Republic Title Insurance Co., 14.3%
  4. Chicago Title Insurance Co., 13.4%
  5. Stewart Title Insurance Co., 9.2%
  6. Westcor Land Title Insurance Co., 3.8%
  7. Commonwealth Land Title Insurance Co., 3.5%
  8. Title Resources Guaranty Co., 2.9%
  9. WFG National Title Insurance Co., 2.6%
  10. Doma Title Insurance Co., 1.8%

Top 5 States by Title Premium Volume in 2024

  1. Texas, $2.37 billion (+4.7%) 
  2. Florida, $1.97 billion (+3.0%)
  3. California, $1.43 billion (+10.1%)
  4. New York, $937 million (+4.2%)
  5. Pennsylvania, $639 million (+7.2%)

Click here for more market share data. ALTA expects to release Q1 2025 market data around June 1.

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About ALTA

The American Land Title Association, founded in 1907, is a national trade association representing more than 6,000 title insurance companies, title and settlement agents, independent abstracters, title searchers and real estate attorneys. ALTA members conduct title searches, examinations, closings and issue title insurance that protects real property owners and mortgage lenders against losses from defects in titles.

Contact: Megan Hernandez
Office: 202-261-0315
Email: [email protected]