Title insurance is central to the health of the home mortgage
market and the commerical real estate business, and its regulation
has a profound impact on the prices that consumers pay for title
insurance and the kinds of coverages that are available. Dr.
Lipshutz provides a concise but comprehensive overview of the key
economic policy issues that arise in regulating this small but
critical segment of the insurance industry. This is the first book
to examine title insurance from a primarily economic viewpoint and
contains much information on the operations of the industry that is
available nowhere else. The book is particularly timely because
title insurance regulation is currently under intensive study by a
number of state insurance departments and by the National
Association of Insurance Commissioners.
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