The 2006 Title IndustryThe predominant trend in the future of the title insurance business involves the combination of a range of improved services with more economical pricing. This trend didn’t originate in 2005 but has roots in customer demand and has been gaining momentum for some years.
I have seen a tremendous amount of change in the title insurance industry as a whole and particularly the title agency business over the course of my 25-year career. Specifically, the title insurance industry has made a concerted effort to provide bundled services, including loan settlement services, 1031 exchanges, appraisals, flood searches, etc., in an effort to provide the consumer with one stop shopping for all commercial and residential closing needs.
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