2207 Title Insurance Rating Bureau of Pennsylvania, Inc.; rate simplification, rate increase and manual revisions filing  

  • Title Insurance Rating Bureau of Pennsylvania, Inc.; Rate Simplification, Rate Increase and Manual Revisions Filing

    [41 Pa.B. 6949]
    [Saturday, December 24, 2011]

     On December 9, 2011, 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.

     The Rating Bureau requests an overall 7.0% increase, which includes the effect of extending the existing rate schedule for limits of liability greater than $30 million, to be effective March 1, 2012. This overall figure represents an average; the effect of this filing on the rates for individual consumers may vary.

     Unless formal administrative action is taken prior to January 8, 2012, the subject filing may be deemed effective by operation of law.

     A copy of the filing is available on the Department's web site at www.insurance.pa.gov. To access the filing, under ''How to Find . . .'' click on ''PA Bulletin.''

     Interested parties are invited to submit written comments, suggestions or objections to Michael McKenney, Insurance Department, Office of Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, mmckenney@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.

    MICHAEL F. CONSEDINE, 
    Insurance Commissioner

    [Pa.B. Doc. No. 11-2207. Filed for public inspection December 23, 2011, 9:00 a.m.]

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