June 5, 2007
ALLIANT NATIONAL TITLE INSURANCE RECEIVES FINANCIAL STABILITY RATING® of A, EXCEPTIONAL
LONGMONT—Alliant National Title Insurance Company, a unique title insurance underwriter that partners with Independent Agents to improve their competitive position in the marketplace, announces that Demotech, Inc., an independent financial analysis and actuarial consulting firm, upgraded Alliant National Title Insurance Company's Financial Stability Rating (FSR) from S, Substantial, to A, Exceptional, effective May 1, 2007. Alliant National Title Insurance Company initially received an impressive FSR of S as a new underwriter in fall 2005.
In raising Alliant National Title Insurance Company's FSR to A, Exceptional, Demotech—one of the most respected providers of financial ratings for title underwriters—signifies to the real estate lending industry Alliant National Title Company's exceptional status, including: financial stability, experience and reputation of management, the quality of the company's investment portfolio, and Alliant's underwriting and analysis process.
"Alliant National Title Insurance Company demonstrates uncommon strengths in their procedures, practices, financial stability and operational cohesiveness," says Joseph Petrelli, Demotech's President. "Alliant's underwriting, operational and analysis processes are impeccable—the company earned and well deserves its FSR of A."
"Our Independent Agent community is built of the best, most highly regarded professionals in the title insurance industry," says Dave Ginger, Alliant National Title Insurance Company President. "Alliant National Title Insurance is honored—not only with our initial FSR but in Demotech's raising that FSR to the A level in a relatively short period of time. The mortgage lending industry depends upon our industry to provide impeccable, unquestionable underwriting services. Our latest rating underscores Alliant National Title Insurance Company's mission to continuously seek to reach beyond the expected—and provide much more than the industry typically expects."
Demotech has provided Financial Stability Ratings (FSRs) since 1992. FSRs are a leading indicator of the financial stability of a title underwriter. A Financial Stability Rating is based on a review of critical balance sheet and income statement items, combined with a series of strategic ratios weighted by using regression and multivariate analysis. These proprietary calculations comprise Demotech's Financial Stability Analysis Model. Demotech's FSR process provides an objective baseline for assessing solvency, which in turn provides insight into changes in financial stability.
For further information regarding Alliant National Title Insurance Company's products, services or Independent Agents,
contact Dave Ginger, Alliant National Title Insurance Company President, at 303.682.9800, ext. 200. For additional information on Demotech, Inc. or Financial Stability Ratings, visit
www.demotech.com or
call 800.354.7207.