(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.
Structure Alaska Statutes
Chapter 66. Title Insurance Companies
Sec. 21.66.010. Paid in capital and reserves.
Sec. 21.66.020. Deposits in guaranty fund; insolvency of insurance company.
Sec. 21.66.080. Annual statement.
Sec. 21.66.085. Quarterly statement.
Sec. 21.66.090. Application for certificate of authority.
Sec. 21.66.110. Annual tax on title insurance premiums.
Sec. 21.66.120. Examination by director.
Sec. 21.66.170. Determination of insurability required.
Sec. 21.66.180. General powers.
Sec. 21.66.190. Limitations on powers.
Sec. 21.66.200. Title plant requirements.
Sec. 21.66.210. Joint plant companies.
Sec. 21.66.220. Net retained liability.
Sec. 21.66.230. Power to reinsure.
Sec. 21.66.270. Title insurance limited producers to be licensed.
Sec. 21.66.280. Title insurance limited producers, books, and records.
Sec. 21.66.290. Title insurance limited producer replies to director inquiries.
Sec. 21.66.300. Certain names prohibited.
Sec. 21.66.310. Rebates prohibited.
Sec. 21.66.330. Examination of records.
Sec. 21.66.340. Additional penalty for rebates.
Sec. 21.66.350. Division of rates.
Sec. 21.66.360. Purpose of title insurance rate regulation.
Sec. 21.66.380. Justification for rates.
Sec. 21.66.390. Making of rates.
Sec. 21.66.400. Disapproval of filings.
Sec. 21.66.410. Rate administration.
Sec. 21.66.420. False or misleading information.
Sec. 21.66.450. Forms of policies and other contracts of title insurance.
Sec. 21.66.460. Filing required for escrow, settlement, and closing charges.