Number of Direct Title Insurance Carriers Businesses in the US (2000–2023)
As of 2023
5,698
direct title insurance carriers businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The direct title insurance carriers industry has grown 13.7% since 2000 (from 5,011 to 5,698 firms).
- •The peak year was 2006 with 6,348 firms.
- •Recent trend (last 5 years): the industry is growing (+21.1%).
- •Employment: 1,608,271 workers in 2023 (7.7% change since 2000).
- •Estimated 5-year survival rate: 48%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 5,698 | 27,437 | 1,608,271 | 6.7% | 13.7% | +4.2% |
| 2022 | 5,563 | 29,600 | 1,541,098 | 15.0% | 11.1% | -0.1% |
| 2021 | 5,289 | 28,519 | 1,548,758 | 10.0% | 14.7% | -1.2% |
| 2020 | 4,907 | 29,770 | 1,562,458 | 9.2% | 8.3% | +0.6% |
| 2019 | 4,704 | 29,748 | 1,567,085 | 11.4% | 18.2% | +1.6% |
| 2018 | 4,597 | 31,809 | 1,538,762 | 14.9% | 12.7% | -0.1% |
| 2017 | 4,336 | 31,034 | 1,538,231 | 11.3% | 24.3% | -1.3% |
| 2016 | 4,768 | 35,916 | 1,548,685 | 24.4% | 11.0% | +4.1% |
| 2015 | 4,626 | 31,331 | 1,488,983 | 16.5% | 16.0% | +3.3% |
| 2014 | 4,597 | 31,093 | 1,438,135 | 13.5% | 10.1% | -0.6% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.