Title Insurance Rating Bureau of Pennsylvania, Inc.; Increase in Base Rates and Rates for Endorsements; Rate Filing
[49 Pa.B. 7659]
[Saturday, December 28, 2019]
On December 10, 2019, the Insurance Department (Department) received from the Title Insurance Rating Bureau of Pennsylvania, Inc. (Rating Bureau) a filing for rate level changes for title insurance.
Effective April 1, 2020, the Rating Bureau requests:
• An overall 4.95% rate increase.
• Doubling the rates for endorsements priced by way of flat-dollar rates.
• Doubling the minimum premiums for endorsements with current minimum premiums that are less than $100 and that are priced as a percentage of the otherwise applicable rate.
A copy of the filing is available on the Department's web site at www.insurance.pa.gov. Under the header ''Companies,'' select ''Industry Activity,'' then select ''PA Bulletin Notices'' found in the ''Product and Rate Activity'' section.
Interested parties are invited to submit written comments, suggestions or objections to Bojan Zorkic, Insurance Department, Office of Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, email@example.com within 30 days after publication of this notice in the Pennsylvania Bulletin.
JESSICA K. ALTMAN,
[Pa.B. Doc. No. 19-1963. Filed for public inspection December 27, 2019, 9:00 a.m.]
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