A new study found that, in the grand scheme of things, the cost of title insurance and related services make up such a minute amount of the cost of a life of a loan, they are statistically insignificant.
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Title Insurance Industry Generates $21B in Premiums During 2022
ALTA reports that, in 2022, the title insurance industry paid more than $596.1 million in claims, up from $474.4 million reported in 2021.
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