Demotech, Inc. recently affirmed the financial stability ratings (FSR) of A, Exceptional, assigned to both Agents National Title Insurance Co. (ANTIC) and Security Title Guarantee Corp. of Baltimore.
Demotech said ANTIC’s and Security Title’s FSR level are “assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves and realistic pricing.”
ANTIC does not have direct operations, but writes title insurance exclusively through local agents. The company said its web platform allows title agents to be more efficient while it focuses on hiring the best industry staff to provide timely underwriting support.
ANTIC said its stringent agent approval process has resulted in one of the best agent portfolios in the industry.
Security Title does business through more than 500 agents and approved attorneys. It provides residential and commercial title insurance coverage in the District of Columbia and 14 states.
Security Title said its low level of risk retention, and low loss ratio to high level of reserves makes it the title insurer of choice for many homeowners and lending institutions.
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