AM Best Releases Two Reports for Title Insurance Industry

March 6, 2012

A.M. Best Co. has released two criteria reports for the title insurance industry.

The criteria report Rating Title Insurance Companies describes the relevant qualitative and quantitative aspects involved in rating insurers within the title insurance industry and contains updates to key industry statistics. A.M. Best's rating process for title insurance companies is intended to evaluate a company's ability to meet its ongoing obligations to policyholders. The criteria to evaluate a company are based on in-depth analysis of both quantitative and qualitative measures, including balance-sheet strength, operating performance and business profile.

The criteria report BCAR for Title Insurance Companies contains updated exhibits that demonstrate how the BCAR model is used for title insurance companies. A.M. Best's rating process for title insurance companies is intended to provide an opinion on a company's ability to meet its ongoing obligations to policyholders. The evaluation of a company's financial strength is based on an in-depth analysis of its balance sheet strength, operating performance and business profile.


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

SoftPro is the nation's leading provider of real estate closing and title insurance software. With more than 14,000 customer sites and over 60,000 users nationwide, this award-winning software offers a suite of products designed to increase your volume and revenue by reducing the time it takes to do closings. SoftPro has been recognized by the American Business Awards every year since 2007 - winning awards for Superior Customer Service, Support and Product Development. 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.