Forbes Magazine, Inside America's Richest Racket: Title insurance firms rake in $18 billion a year for a product that is outdated, largely unneeded - and protected by law:
“But the title industry's halcyon days owe much to antiquated state laws that thwart new competition, allow prices to soar despite declining costs and force almost every home buyer to pay for insurance that most of them will never need.”
November 13, 2006

Kiplinger's Personal Finance Magazine, Cut Your Title Insurance Costs:
“Who would be foolish enough to shell out several thousand dollars for an overpriced product that they knew little about and would most likely never need? Just about everyone who has ever bought a house. So this is title insurance in a nutshell: You, the homeowner, pay a premium to the title company to protect your lender from mistakes made by the company when it does a title search. Are you a sucker, or what?”
December 2005

David Kay Johnston, Pulitzer Prize-Winning Reporter, in Free Lunch:
“Americans paid $16.4 billion for title insurance in 2005, double what they paid five years earlier and four times what they paid in 1995.
Yet title insurance remains an expensive mystery. Why must you buy it? Who exactly is being insured? For what? Why does it cost so much? And why do you have to pay again when you refinance even with the same lender?
Answering those questions takes us inside a business that owes its riches entirely to the government. The product itself costs next to nothing but, because of the way the market is organized, competition pushes prices higher instead of lower and government regulations help hide the true cost. Here it is not Adam Smith's invisible hand of the market producing unexpected benefits through competition, but instead the manipulative hand of government helping the regulated insurers fleece the consumer.”
Published December 2007