News
Title insurance premiums rise to $4. 5 B in Q1
3+ hour, 30+ min ago (343+ words) The title insurance industry generated $4. 5 billion in premiums during Q1 2026, up 15% year over year, while claims paid fell to $151 million. First American led market share at 24. 2%. Texas, Florida, and California were the top premium-generating states, reflecting stronger real estate transaction activity…...
California reaches $4. 6 M settlement with Select Portfolio Servicing
6+ day, 23+ hour ago (357+ words) California Attorney General Rob Bonta announced a proposed $4. 6 M settlement with Select Portfolio Servicing over alleged COVID-19 era servicing and debt collection violations. The deal includes $3 M in restitution, $1. 6 M in civil penalties, and required changes to borrower communications and…...
Homeowners Insurance Market Outlook for Builders in 2026
2+ week, 4+ day ago (299+ words) The homeowners insurance market is shifting. Builders who understand where it's headed will be better positioned to close deals, protect buyers and finish 2026 strong. Alan Umaly, President of Westwood Insurance Agency, breaks down what the mid-year picture looks like and…...
Title insurance premium volume jumped nearly 14% in 2025
3+ week, 2+ day ago (232+ words) The American Land Title Association reported the title insurance industry generated $18. 5 billion in premiums during 2025, up 13. 8% from 2024 as mortgage activity improved. First American Title led market share at 23. 1%, while Texas recorded the highest premium volume among states at $2. 7 billion." AI…...
R-PACE financing for Florida home resilience upgrades
3+ week, 3+ day ago (632+ words) Homeowners are facing a crisis. A crisis in property insurance. A crisis in affordability. And with hurricane season fast approaching, a growing sense of anxiety across the Southeast about what comes next. We have seen this before. Hurricanes Helene and…...
Rohit Chopra tapped to lead California consumer agency
1+ mon, 2+ day ago (375+ words) California Gov. Gavin Newsom appointed former CFPB Director Rohit Chopra as secretary of the state's new Business and Consumer Services Agency. The agency launches July 1 and will place DFPI and DRE under a consolidated enforcement and licensing structure." AI Summary…...
Homeowners Insurance is Reshaping the Real Estate Transaction
1+ mon, 2+ week ago (332+ words) Why integrating insurance earlier is becoming a competitive advantage for builders These challenges are doing more than delaying closings. Millions of homeowners are uninsured, underinsured or completely priced out of securing coverage. Homeowners insurance premiums rose 8. 5% in 2025 after an 18% increase…...
Westwood-Hippo Deal Raises Stakes On Home Insurance Trust
11+ mon, 2+ week ago (867+ words) A landmark deal expands embedded insurance capabilities, aiming to ease closings, manage climate risk, and restore buyer trust. When the news broke that Westwood Insurance Agency had acquired Hippo's U. S. homebuilder distribution business, it might have seemed like just another reshuffling…...
Dwight Sandlin's 2026 spring-selling survive-to-thrive guide
2+ mon, 6+ day ago (1591+ words) The 2026 spring housing market is fragmented, with resilient demand masked by incentives and affordability challenges, and pockets of strength. Builders who rely on real-time data, disciplined land strategy and customer-driven product are outperforming." AI Summary Spring selling seasons " in fondly…...
Mortgage experts weigh in on GSE condo updates
2+ mon, 2+ week ago (847+ words) The GSEs announced updates to condo insurance rules, including more flexibility on replacement costs and deductibles. Limited and streamlined condo reviews end Aug. 3, and reserve requirements rise from 10% to 15% by 2027." AI Summary Fannie Mae and Freddie Mac last week enacted…...