XML 43 R34.htm IDEA: XBRL DOCUMENT v3.23.1

Reserves For Claims Summary Of The Company's Loss Reserves (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Liability for Future Policy Benefits and Unpaid Claims and Claims Adjustment Expense [Abstract]
Known title claims	$ 3,137	$ 3,250
IBNR	33,781	33,942
Total reserve for claims	$ 36,918	$ 37,192	$ 36,754
% of known title reserves	8.50%	8.70%
% of IBNR	91.50%	91.30%
% of total loss reserves	100.00%	100.00%

X

- Definition

Liability For Title Claims And Claims Adjustment Expense Incurred But Not Reported (IBNR) Percentage.

+ References

No definition available.

+ Details

Name:	itic_LiabilityForTitleClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedPercentage
Namespace Prefix:	itic_
Data Type:	dtr-types1:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Liability for title claims and claims adjustment expense known claims percentage.

+ References

No definition available.

+ Details

Name:	itic_LiabilityForTitleClaimsAndClaimsAdjustmentExpenseKnownClaimsPercentage
Namespace Prefix:	itic_
Data Type:	dtr-types1:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Liability for unpaid claims and claims adjustment expense reported and incurred but not reported (IBNR) claims percentage.

+ References

No definition available.

+ Details

Name:	itic_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedAndIncurredButNotReportedClaimsPercentage
Namespace Prefix:	itic_
Data Type:	dtr-types1:percentItemType
Balance Type:	na
Period Type:	instant

X

- References

No definition available.

+ Details

Name:	us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpenseAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The amount needed to reflect the estimated ultimate cost of settling asserted and unasserted claims estimated to have been incurred by the insureds on or before the balance sheet date pertaining to the existence of a lien, encumbrance, defect or other matter purportedly affecting the title to the interest as insured.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (cc)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480081/944-40-50-3

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480081/944-40-50-3

+ Details

Name:	us-gaap_LiabilityForTitleClaimsAndClaimsAdjustmentExpense
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Estimated costs as of the balance sheet date of settling insured claims and costs incurred in the claims settlement process for claims that have not yet been submitted to the insurance company for reimbursement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.W)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479583/944-40-S99-1

+ Details

Name:	us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Costs of settling insured claims and costs incurred in the claims settlement process for the specified year specifically for claims that have already been submitted to the insurance company for reimbursement.

+ References

No definition available.

+ Details

Name:	us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseReportedClaimsAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant