A.M. Best Releases Criteria: Rating Title Insurance Companies
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has released the updated criteria report, “Rating Title Insurance Companies” (updates version dated March 2, 2012). The criteria report includes 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. Any references to secure/vulnerable and investment/non-investment grade categories were removed. Additionally, Exhibit 1 was updated to reflect the current translation table of rating scales.
A copy of this report is available at www.ambest.com/ratings/methodology.
This update is part of A.M. Best’s continual review of its ratings methodology and is not expected to affect ratings. A 30-day public consultation for this new criteria report was opened on May 26, 2015, and no comments were received. No changes have been made to the final version of this criteria report as a result of the public consultation.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151023005921/en/
A.M. Best Company, Inc.
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5372
Senior Financial Analyst
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Davis, 908-439-2200, ext. 5665
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Public Relations
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Source: A.M. Best Company, Inc.
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