Business Services Industry
A.M. Best Requests Public Comment on Draft Rating Methodology: Understanding BCAR for Title Insurance Companies
Business Wire, May 21, 2007
OLDWICK, N.J. -- 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.
Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. For more information, visit www.ambest.com.
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