A.M. Best Requests Comments on Draft Criteria Report

January 28, 2014

A.M. Best Co. is requesting comments from market participants in the insurance industry and other interested parties on the draft criteria report, “BCAR for Title Insurance Companies.”

In the draft criteria report, edits have been made to make the approach for evaluating U.S. surplus notes in Best’s Capital Adequacy Ratio (BCAR) consistent with the approach explained in the new criteria report, “Evaluating U.S. Surplus Notes.” The updates are part of A.M. Best’s continual review of its rating methodology and are not considered material or expected to affect the vast majority of ratings. Visit www.ambest.com/ratings/methodology to download a PDF copy of the draft report.

Written comments should be submitted by email to rating.methodology@ambest.com no later than Feb. 20, 2014. The details of any comments received may be made public unless specifically requested to be kept confidential.

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.