Investors Title Company ITIC Title Insurance — Deferred Policy Acquisition Cost

Other segment segments

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Questions, answered.

What is Investors Title Company's title insurance — deferred policy acquisition cost?

Investors Title Company (ITIC) reported title insurance — deferred policy acquisition cost of $0 in Q4 2025.

What does title insurance — deferred policy acquisition cost mean?

This represents the capitalized costs directly associated with the acquisition of new title insurance policies, such as commissions and underwriting expenses. These costs are deferred and amortized over the life of the policy to match expenses with the related revenue recognition. It is a key indicator of the investment made to grow the insurance portfolio.