An Analysis of Competition in the California Title Insurance and Escrow Industry
An Analysis of Competition in the California Title Insurance and Escrow Industry (pdf 115 pages)
This report is a comprehensive look at title insurance rates in California. Commissioned by State Insurance Commissioner John Garamendi, it finds that lack of competition in a dysfunctional market causes consumers to pay far too much for title insurance. The Commissioner is using the report as the foundation of his effort to lower rates for consumers.