Financial Ratings
What they are and why they are important:
As it is with all other types of insurance companies, it is important that your title insurance company has the expertise and experience to manage its business so the company and its resources will be there when you need it.
The financial stability and claims-paying ability of a title insurance company are essential to policy-holders, lenders and investors. Independent rating companies analyze and compare the financial results of title insurance companies to provide independent measurements. These are the title insurance companies' "financial ratings."
North American Title Insurance Company is proud that it has been recognized by Kroll Bond Rating Agency, Inc., an independent financial analysis and actuarial services company, as having one of the best financial conditions among companies in its peer group (those with admitted assets of $25 million to $100 million). Kroll Bond Rating Agency, Inc. has assigned North American Title Insurance Company a credit rating of “A” . . . “the highest level of financial soundness.”
North American has also undergone rigorous, quantitative analysis by Demotech, Inc., another financial rating company, and Demotech has concluded time and again that North American deserves a Financial Stability Rating© of "A' A Prime Unsurpassed.” Such a rating means that regardless of economic downturns or deteriorations of insurance cycles, North American possesses unsurpassed financial strength and stability. The rating also indicates that North American is strongly recommended for commercial real estate transactions because of its financial resources, significant in-house capacity and underwriting expertise, as well as adequate placement of reinsurance coverage.
Visit the websites of Kroll Bond Rating Agency, Inc. at www.krollbondratings.com or Demotech, Inc. at www.demotech.com to learn more about the financial analysis and rating of title insurance companies.