Doom sayers back in the '80's on the Left Coast were predicting the inward collapse of the title industry as firms ate each other until only a couple would remain.  This did not happen.

Instead, each firm closed title plants, consolidating to mega-complexes in warehouses near Sacramento, where they hired cheap temp-agency labor and offshored work to India.  Combined with termination of expensive long-experienced examiners and a paradigm shift to paying out claims instead of protecting against liability, these changes have increased up-front profit margins and allow the back-end accountants to write off the rest as cost-of-doing-business. 

We'll see if the new prediction of the death of the industry comes to pass, or if the universe throws a different curveball into the mix.  I'm not sure that it's so cut and dry.