In a tough operating environment, the title insurance industry persevered with improvements in many major financial and operational categories in 2011, including composite ratio, and in a new special report, A.M. Best expects these successes to be surpassed in 2012.
In 2011, title insurance premiums fell to their lowest level in the past 10 years. According to A.M. Best, despite low mortgage rates, revenues remained under pressure due to soft economic conditions characterized by sluggish growth, high unemployment and tight credit standards.
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