A.M. Best is requesting comments from market participants in the insurance industry and other interested parties on the draft criteria report, “Rating Title Insurance Companies” (updates version dated March 2, 2012).
The proposed changes include updates to observed industry loss ratios and observed industry premium to surplus ratios. In addition, the Supplemental Rating Questionnaire has been added to the list of requested information in Exhibit 4.
This draft criteria report is available at ambest.com/ratings/methodology.
These updates are part of A.M. Best’s continual review of its rating methodology and are not expected to affect the ratings. Written comments should be submitted by email to rating.methodology@ambest.com no later than June 26, 2015. The details of any comments received may be made public unless specifically requested to be kept confidential.
A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.
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Contacts:
Neil DasGupta, (908) 439-2200, ext. 5206
Senior
Financial Analyst
neil.dasgupta@ambest.com
or
Michael
Russo, (908) 439-2200, ext. 5372
Senior Financial Analyst
michael.russo@ambest.com
or
Christopher
Sharkey, (908) 439-2200, ext. 5159
Manager, Public
Relations
christopher.sharkey@ambest.com
or
Jim
Peavy, (908) 439-2200, ext. 5644
Assistant Vice President,
Public Relations
james.peavy@ambest.com