Is there hope? I have hope.
Here's what I think. I think the folks at the top of Fidelity, First Am, Old Rep, and Stewart ought to consider what the failure of a major underwriter means to THEM and then do something to stop it.
Insurance is all about trust and stability. If an industry shows vulnerability beyond the capabilities of the public's ability to comprehend, the industry is doomed.
Do we want more doom?
Doom da doom doom doom doom.
I don't but I can't do a darn thing about it.
I have hope that decision-makers at the highest levels in the big title insurance firms are thinking big picture and not just selfish survival.