Kevin,

I apologize for not being more precise in my opinion. I have come to the realization that all inherent problem with the title industry originate from the bottom line thinking. Let me explain.
A person with a little title experience thinks they know enough to be dangerous, so they open a title company. They hire an examiner. The can't afford the downtime to train them correctly. Bottom line thinking.
A company that is weathering rough times decides to start offering ABA to spark up some business in the hopes of staying afloat. The are soon inundated with orders. The examiner with all good intentions walks into the recorder's office with 10 full searches to do and 15 O&Es and 5 updates. The examiner, under the gun from the boss, takes shortcuts and misses a UCC or a Mechanics lien. Bottom line thinking.
As far as your view of our industry to date, I firmly agree with you, I have just been able to simplify it down to simple profit and loss.
Having had a Reatlors license and a Loan Officer's license I have seen both sides of the closing table and I know who is getting the shaft in this industry. I believe in my humble opinion that there is not enough education to the general public about what title insurance actually is and what is involved with what we do and the timeframe in which we should do it.

I wouldn't want my doctor promising me he will have my wisdom teeth out in 25 minutes guaranteed or my bill is lowered. I would want him to take his time and do it right. We however do not get that luxury because other "professionals" in our industry are there to promise promise promise and do it for cheap.
The subject doesn't bore me, it's just that I have given up the fight. I have seen my own state's association sit in testimony and outright lie to our representatives about our industry. I pushed for more regulation to thin the herd so to speak and by the end of it, the OLTA members refused to get on the elevator with me. I have tried to fight the good fight, the problem is, the deep pockets are in charge and will always be.
The abilility to now outsource the most important part of our business, and the single thing we base our insurance on, is now being done by an employee across the globe being paid 2.00 and hour. The industry has found ways to adapt and compensate the losses, not correct the root of the problem. So yes, my answer to all the industry's woes are the acceptability of loss vs profit.

George