According to the risk-adjusted capital (RAC) ratio from Fitch Ratings, the title insurance industry’s capital position has leveled out but still remains below its historic norms. Title insurers do not have risk-based capital standards imposed by regulators, so Fitch’s RAC is a company-created formula that helps it better measure the capital of a title insurer and assess it in terms of investment grade. Read on for all of Fitch’s number crunching and analysis in this latest report.