Fintech is coming for the title industry

The $15 billion title insurance industry has major innovation coming its way. A regulator in California announced on Tuesday that it had approved States Title Inc., a startup title insurer focused on tech, to operate in the state, according to Bloomberg. Dave Jones, the state’s insurance commissioner, said new technology and more competition would help lower costs for consumers. The industry has historically been dominated by four companies: Fidelity National, First American, Old Republic and […]

from The Real Deal New York