Section 21.66.380. Justification for rates.

   (a) A rate filing shall be accompanied by a statement of the title insurance company making the filing, setting out the basis on which the rate was determined, with the rates computed. A filing of rates may be justified by
        (1) the experience or judgment of the title insurance company making the filing;
        (2) its interpretation of any statistical data relied upon;
        (3) the experience of other title insurance companies making the filings; or
        (4) any other factors that the title insurance company considers relevant.
   (b) The statement and justification provided for in this section shall be open to public inspection; however, information that can be used to identify the experience of a particular title insurance limited producer is confidential.

Notes

Implemented As

3 AAC 27.310
3 AAC 27.320
3 AAC 27.360
3 AAC 27.370

History

(Sec. 6 ch 120 SLA 1974; am Sec. 3 ch 73 SLA 1982; am Sec. 174 ch 67 SLA 1992; am Sec. 52 ch 38 SLA 2002)