Rating agency A.M. Best is revising its outlook for the U.S. title industry, bringing it down from "positive" to "stable" as concerns build about uncertainty in the housing recovery. The change reflects the company's outlook shifting from a possible ratings upgrade due to favorable trends to a "low likelihood of a rating change."
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A.M. Best Sees ‘Encouraging Signs’ for Title Insurers
Citing "positive developments occurring in the housing market," A.M. Best is maintaining a stable ratings outlook for title insurance.
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