NU Online News Service, April 11, 1:59 p.m. EDT
While a Moody's report indicates a negative medium-term outlook for title insurers, a Keefe, Bruyette & Woods analysis suggests 2011 first-quarter results for title insurers may not be as challenging as initially thought.
KBW says first-quarter title insurance order counts will likely be down year-over-year, but the industry could have a better start in 2011 with respect to earnings due to continued expense management and improvement in loss ratios. KBW adds that the first quarter is typically the weakest of the year for title insurers, "and we expect this to be the case in 2011 as well."
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