A.M. Best to Discuss Ratings at 2007 ALTA Conference.OLDWICK, N.J. -- A.M. Best Co. will be present at the American Land Title Association The American Land Title Association or ALTA, is a national trade association representing the interests of the abstract of title and title insurance industries. In addition to active members engaged in the title industry, associate members cover a wide range of businesses 2007 Annual Convention, scheduled for October October: see month. 10-13 at the Hilton Chicago in Chicago, IL. Company representatives will be available to discuss how a rating from A.M. Best can provide companies with a competitive edge in the title insurance marketplace. Best's Ratings Best's rating A rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders. are recognized worldwide as the benchmark for assessing insurers' financial strength and their ability to honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. financial obligations to policyholders. Attendees can speak to representatives one-on-one about the rating process, including how acquiring a rating from A.M. Best can validate To prove something to be sound or logical. Also to certify conformance to a standard. Contrast with "verify," which means to prove something to be correct. For example, data entry validity checking determines whether the data make sense (numbers fall within a range, numeric data the credibility of their title insurance company. For more information on Best's Ratings, contact Ratings Development at (908) 439-2200, ext. 5576. Visit www.ambest.com/ratings/methodology.asp for a general overview of the rating process. For details about the conference, go to www.alta.org. Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com. |
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