I don't prefer the "organization" method... and because, as you pointed out, abstractor apathy makes it a moot point, I think the industry should pursue another option - legislative protection.  Abstracting is a profession and it should be regulate as such.  I would love to see states adopt a licensing regime for abstractors and require licensed abstractors for all title searches. 

I believe that effective licensing would accomplish two very important goals.  First it would keep out many inexperienced abstractors who are not qualified to conduct a proper title search.  This would eliminate much of the competition from fly-by-night abstractors that reduce fees and cause E&O insurance to increase for all of us.  Second, it would set search standards, rather than leave it up to the underwriters who are continually lowering the requirements for a search.  This would better protect consumers.

Best,
Robert A. Franco
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