The title insurance industry is a profitable one. In 2003, according to ALTA, the industry paid out about $662 million in claims, about 4.3% percent of the $15.7 billion taken in as premiums. A substantial portion of these premiums are wrongfully charged to home purchasers. Title insurance fraud lawsuits have been filed in New York state and in California, alleging that title insurers engaged in price fixing and kickback schemes in an attempt to enrich themselves. Title insurance fraud always results in consumers paying inflated prices, and the New York title insurance fraud lawsuit alleges that such practices have resulted in residents paying some of the highest title insurance premiums in the country. Because most consumers don't understand what they are buying, they often depend on their real estate agents or mortgage brokers to recommend the title insurance company that best suits their needs. If you have purchased title insurance any time from February 2004 to the present, you are urged to contact our law firm now to protect your legal rights.
Name (Stock Symbol)
First American Corporation (FAF)
First American Corporation provides title insurance, other specialty insurance, escrow services and data analytics to the home loan industry.
Fidelity National Financial, Inc. (FNF)
Fidelity National Financial, Inc. is a holding company that is a provider, through its subsidiaries, of title insurance, specialty insurance and claims management services.
LandAmerica Financial Group (LFGRQ.PK)
On November 26, 2008, LandAmerica Financial Group, Inc. and LandAmerica 1031 Exchange Services, Inc. filed for Chapter 11 bankruptcy. It was a title insurance company.
Fidelity National Title Company
Fidelity National Title Company provides title insurance and escrow services.
First American Title Insurance Company
First American Title Insurance Company is a wholly owned subsidiary of First American Corporation and provides title insurance in the US.
Lawyers Title Company
Lawyers Title is a title insurance company, bought in bankruptcy by Fidelity National Financial, Inc.
Chicago Title Insurance Company
Chicago Title Insurance Company sells, underwrites and administers title insurance nationally.
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