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NATIC hires state agency manager in Florida | News

Friday, April 9, 2021
As North American Title Insurance Co.’s (NATIC) new state agency manager for Florida, Ryan Peterson will oversee independent agent activities, including securing and servicing agents and approved attorneys to promote new and increased business activity.
Peterson started working in the title insurance industry in 2013 as a title agent. He went on to serve as agency manager for a regional underwriter, helping the company expand its presence in Florida.
“At NATIC, we partner with our agents by assisting them as title agents as well as business owners. From the onset, Ryan’s approach has mirrored this NATIC model,” Assistant Vice President and Regional Agency Manager Jared Uthe said in a release. “Ryan’s interest in the latest technologies that benefit title agencies contributes to his success in building lasting relationships with agency owners.” ....

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American Land Title Association Reports Title Insurance Premium Volume Up 17.6 Percent in Q3 - Press Release

WASHINGTON - December 11, 2020 - (Newswire.com)
The title insurance industry generated $5.1 billion in title insurance premiums during the third quarter of 2020, according to
ALTA s latest Market Share Analysis. Title premium volume is up 17.6 percent compared with the same period a year ago.
Every state except New York and Delaware, along with the District of Columbia, experienced an increase in volume compared with the third quarter of 2020.
During the third quarter of 2020, total operating income for the industry was up 17.2 percent and operating expenses were up 16.9 percent, but loss and loss adjustment expenses were down 2.5 percent.
Overall for 2020, title insurance premium volume is up 17 percent ($13.2 billion) compared with the first nine months of 2019 ($11.3 billion). The title industry has paid $347.8 million in claims during the first nine months of 2020. This is down from $409.3 million in claims paid during the same period a year ....

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