The past few years haven’t been kind to the title industry. However, experts report an increase in surplus and expect Q3 results—once tallied—to be better than previously expected.
A.M. Best released a report—“Despite Economic Turbulence, Title Industry Outlook Remains Stable”—stating the title insurance industry managed to report an approximate 7-percent increase overall in surplus, driven mainly by the equity market recovery in 2010, and A.M. Best has maintained its stable rating outlook for the title sector with the view that the majority of ratings will not change over the near-to-medium term.
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