Title insurance premium volume in 2021 rose 35.9 percent year-over-year, according to the American Land Title Association’s (ALTA) market share analysis. ALTA attributes the volume to historic mortgage origination activity and soaring home values.
The industry generated $26.2 billion in title insurance premiums last year, compared with $19.2 billion in 2020, according to ALTA.
Read on for more from ALTA