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Title insurers feel continued pinch of Great Recession (access required)

After a decade of rising revenue, title insurance companies operating in North Carolina saw their numbers fall for the second straight year in 2009. Direct title insurance premiums earned fell to below $115 million for the first time since 2003 after a record high in 2007 of $168 million. Direct premiums earned in 2008 totaled $145 million. Chapel Hill-based Investors Title Insurance Company had the largest market share of N.C. title insurers, with 24.1 percent. It earned $26.8 million in premiums.

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