Title insurance premiums written increased by over $570 million in 2Q13 over the
For the quarter, total premiums written were $3.34 billion, compared with $2.77 billion in 2Q12.
Among the national underwriters, the gap between Fidelity National Financial and First American narrowed, as No. 2 FAF reported a slight increase in market share. FNF now has a 33.5% market share, down from 34.4% one year ago, while FAF is now at 27.2%, up 20 basis points.
Old Republic International solidified its grip on the No. 3 spot overall, as it continues to gain market share. ORI now has 14.5% of the title insurance market, while Stewart is down to 12.4%. In 2Q12, Stewart ranked third with a 13.5% market share and ORI was fourth at 13.3%.
