Armed with studies showing huge jumps in profits and premiums, Florida's Office of Insurance Regulation (OIR) has launched the first volley in what may become a pitched battle for its members.
OIR says the reports paint a picture of a greedy title insurance industry ripping off Florida consumers by charging excessive fees to make huge profits. “Most Florida consumers of title insurance services appear to be paying more for comparable title insurance than consumers in other states,” concludes one of the studies.
Title insurers call the reports “misguided” – and that's one of the milder retorts.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
