KBRA Releases U.S. Title Insurance 2019 Outlook

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases its 2019 U.S. Title Insurance Outlook as title underwriters aim to top $1 billion in net income, levels not seen since before the 2008-09 financial crisis. KBRA’s Stable Outlook reflects the industry’s earnings power and policyholders’ surplus growth in recent years. However, net income also benefited from the lower corporate tax rate in 2018. KBRA expects 2019 net income will not be materially different from the previous year.