Tootls of the Trade

 

You must be wondering, “Why the sudden barrage of information on title insurance rates from local title companies?”

 

The answer is simple: title insurance rates have been increased by some title companies. You may have received previous emails from other title companies dancing around this issue without actually addressing it, which can be misleading. The truth is, you probably don’t care who the underwriter of title insurance is - but right now, you should. Pioneer Title Company’s underwriters are First American Title Insurance Company and Old Republic National Title Insurance Company. Our underwriters are among the best in the nation – check out the 'title insurance report card' for their credit ratings based upon financial stability. It may be only a matter of time before our underwriters decide to follow suit with their counterparts. First American Title Insurance Company in fact has filed new rates in Idaho that are slated to take effect June 1st, 2009 with Old Republic's rates expected to remain unchanged. In the mean time, please take advantage of the low-cost title insurance fees by choosing Pioneer Title Company. Pioneer Title Co and it's trusted underwriters can presently save your buyers cold hard cash, and that’s something we can all appreciate in these economic times. Please take a moment to review the title insurance report card to educate yourself on the financial fortitude of our underwriters. Please contact us any time with questions on how Pioneer Title Co. is the choice for you.

 

Unsurpased Financial Strength...

Pioneer Title Company in Ada, Canyon, and Gem Counties is underwritten by First American and Old Republic. While many title insurers claim to be the leaders in financial strength, what do the ratings say? Here's how our underwriters stack up against everyone else...

 

Company
Standard & Poor's
Moody's
Fitch Ratings
Demotech
AM Best

 

Financial Summaries

Below is an overview of the financial health of the above title insurance underwriters through September 30, 2008 based on available financial statements at demotech.com

 
Net Admitted Assets
Policy Holder's Surplus (Net Worth)