I am proud to announce that First National Title Insurance (FNTI) continued to move up the rankings of title underwriters – based on gross revenues. The market share analysis by Bob Scherer, an ALTA consultant, reveals FNTI is now ranked 14th in terms of gross title revenues through the second quarter of 2014. Our growth can be attributed to a variety of reasons. The most significant is the positive trends in the Texas and Arizona real estate markets in which we operate. Secondly, we are experiencing a steady increase in independent agent revenue. Finally, our network of independent agents continues to expand every month. Agents throughout Texas and Arizona are looking to FNTI as a trusted partner that they can count on to support their interests. They have experienced the large underwriters cutting back or imposing new rules and restrictions on their activities. The independent agents want to remain independent and are looking for an underwriter who shares their entrepreneurial spirit.
We are now taking that spirit of independence to the great state of New Mexico! Our steady expansion plans include states where we can make a difference. We believe New Mexico has great potential and we expect approval from the New Mexico Department of Insurance very soon.
Stay tuned to our blog and website for more great news and updates from First National Title Insurance!
Check out the latest press release about our expansion here:
LATEST NEWS: Now Serving New Mexico! First National Title Insurance Expands Services to Land of Enchantment