Investors Title Company (NASDAQ: ITIC) is a title insurance company that underwrites and issues title insurance policies on residential and commercial real estate transactions. Revenue comes primarily from net premiums written on title policies issued directly and through agents, supplemented by escrow and other title-related fees, non-title services, and net investment income. Net premiums written totaled $212.6 million in FY2025, up from $204.3 million in FY2024 and $171.2 million in FY2023. Escrow and other title-related fees added $19.3 million in FY2025, and non-title services contributed $21.6 million in FY2025. The four largest title insurance companies collectively hold greater than 80% of the U.S. market, with ITIC operating as a smaller regional carrier. North Carolina, Texas, South Carolina, Georgia, and Florida represent the largest sources of premium revenue. J. Allen Fine serves as Chairman and Chief Executive Officer, with James A. Fine, Jr. serving as President, Treasurer, and Chief Financial Officer, as of the 10-K filed March 16, 2026.

Revenue model

Transactional premiums earned when title insurance policies are issued on residential and commercial real estate and mortgage financing transactions. Additional revenue from escrow and title-related fees ($19.3 million FY2025), non-title services ($21.6 million FY2025), and net investment gains ($3.2 million FY2025). Policies are issued both directly and through independent agents, with agent-issued policies the primary channel in Georgia, South Carolina, Florida, and other states.

Products and services

Title insurance policies issued by subsidiaries ITIC and NITIC, underwritten directly and through agents. Escrow and title-related fee services. Non-title services including exchange services and other real estate transaction products offered through subsidiaries ITEC and ITAC. Investment portfolio composed of fixed maturity securities and equity securities.

Customers and end markets

Residential and commercial real estate buyers, mortgage lenders, and participants in the secondary mortgage market. Demand is driven by real estate transaction volume, mortgage financing activity, home prices, housing inventory, unemployment levels, and mortgage interest rates.

Value-chain role

Title insurance underwriter sitting between real estate buyers and mortgage lenders at the point of property transfer. Issues policies both through its own direct operations and through a network of independent agents. Competes for agents on service quality and commission levels.

Geographic exposure

Primarily southeastern and south-central United States. North Carolina, Texas, South Carolina, Georgia, and Florida are the largest sources of net premiums written as of FY2025. Operates in additional states under annually renewed state licenses.

Competitors

Four largest national title insurance companies (greater than 80% combined U.S. market share), Other title insurance companies and agents, Banks, Attorneys, Independently-owned qualified title agents

Source: SEC 10-K, filed 2026-03-16

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