THE NATIONAL TREND

The trends we are witnessing in the title insurance industry are the direct result of the same market forces that govern all industries:

1. The need to reduce the costs associated with fixed overhead for labor,

2. The need to increase the profit margin in order to keep pace with the rising costs of doing business,

3. Meeting the consumers demand for one-stop-shopping service

4. Protecting a point of sale and remaining competitive in a marketplace

The primary difference, of course, when discussing title insurance, is that the customary laws of economics do not apply to an industry where price is regulated by the state and demand is set by a requirement of lending institutions as a prerequisite to financing the purchase.