A.M. Best Requests Public Comment on Draft Rating Methodology: Understanding BCAR for Title Insurance Companies

May 22, 2007

A.M. Best Co. is requesting comments from market participants in the title insurance industry and other interested parties on a draft of its methodology report “Understanding BCAR For Title Insurance Companies.” The draft document is currently available in the Methodology section of A.M. Best's homepage.

Visit www.ambest.com/ratings/methodology.asp to download a PDF copy.

The draft methodology report outlines A.M. Best’s capital adequacy model as it relates to title insurance, including a detailed discussion of the various components of the model and its implications for A.M. Best’s ratings on title insurers.

A.M. Best will consider feedback from any interested parties prior to publishing its methodology report.

Written comments can be submitted by email to rating.methodology@ambest.com, no later than June 20, 2007.

Source: A.M. Best

Contact ALTA at 202-296-3671 or communications@alta.org.

North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.