v3.26.3
Title Insurance
9 Months Ended
Sep. 30, 2026
Text Block [Abstract]  
Title Insurance Title Insurance
On April 18, 2025, the Company acquired Colorado-based title insurance underwriter, Alliant National Title, which provides title insurance and escrow services. Refer to Note 2, Acquisitions for more information. The Company estimates the reserve for title claim losses, inclusive of reserves for known claims and those incurred but not yet reported (“IBNR”) to the Company, related to the title insurance policies issued by Alliant National Title.
As of September 30, 2026 and December 31, 2025, the reserve for title claim losses was $31.3 million and $32.7 million, respectively, of which $26.6 million and $27.4 million, or 85.0% and 83.6%, respectively, represents the IBNR component. For the three and nine months ended September 30, 2026, the Company had no title claim loss provision and $3.6 million of title claim loss provision, respectively, and claims paid, net of recoveries, of $2.2 million and $5.0 million, respectively. For the three and nine months ended September 30, 2025, the Company had a title claim loss provision of $1.2 million and $1.0 million, respectively, and claims paid, net of recoveries, of $1.6 million and $2.4 million, respectively.