ALTA Releases 2008 Industry Data Book
|September 1, 2009|
The American Land Title Association has released its 2008 Title Insurance Industry Data Book, a compilation of financial and market share data.
ALTA has collected this information for the title insurance industry since 2003 for the purpose of producing various compilations of family and industry statutory financial data and various market reports.
The book is organized in three sections: market share, statistical analysis and selected pages from an industry composite, NAIC Form 9 Statutory Report. Market share reports include both state-by-state reports and family/company reports.
All family reports are based on organization structures as of Dec. 31, 2008, unless otherwise noted.
The Industry Composite Form 9 is the simple addition of the 80 Form 9’s that ALTA collected for 2008. Intercompany dividends and double-counted surplus have been eliminated, as appropriate. Seven additional companies, whose premiums written were less than 1.7 percent of the industry total, submitted only partial Schedule T data. These companies are included in the Schedule T composite, but not in the other Form 9 schedules.
The Statistical Analysis section breaks down specific key categories from the Industry Composite Form 9 by family and company. More financial data can also be found on ALTA’s Website here.