524127

Analysis

NAICS 524127 is the 2022 national industry for direct title insurance carriers, part of 52412 (Direct Insurance (except Life, Health, and Medical) Carriers). Census lists 5 example activities under it in the official index.

County Business Patterns counts 3,926 US establishments in this code in 2023, employing 44,651 people at an average annual payroll of $105,750 per employee (87th percentile of national industries). 52% of the establishments have fewer than five employees, which is close to the national mix.

Its index entries, the activities Census uses to assign businesses to this code, include guaranteeing titles, insurance carriers, title, direct, insurance underwriting, title, direct and real estate title insurance carriers, direct, among 5 in all.

For example, reinsuring title insurance policies are classified in 524130 (Reinsurance Carriers) instead.

Census lists 2 related activities that belong elsewhere, most often in 524130 and 541191. Businesses that do several things are classified by their primary activity, the one that generates the most value, so check those boundaries before settling on this code.

Between 2018 and 2023 the number of establishments grew 3% and employment rose 9%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.