Section 3.27.310. General ratemaking components.

Latest version.

	(a)  When determining title insurance rates, a title insurance company shall base the rates on the following:  
		(1) amounts paid to or retained by title insurance limited producers;  
		(2) operating expenses;  
		(3) payment of claims and claim related expenses;  
		(4) investment income;  
		(5) reasonable profit;  
		(6) premium taxes;  
		(7) any other relevant factors.  
	(b)  A title insurance company shall include statistical and financial data as described in 3 AAC 27.320 to support each item in (a) of this section in the title insurance rate filing required under AS 21.66.370 and 21.66.380.

Authorities

21.06.090;21.66.370;21.66.380;21.66.390;21.66.410

Notes

Reference

3 AAC 27.330

Authority
 AS 21.06.090  
AS 21.66.370  
AS 21.66.380  
AS 21.66.390  
AS 21.66.410  
History Eff. 4/15/2000, Register 154

                    
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