(a) A rate filing shall be accompanied by a statement of the title insurance company making the filing, setting out the basis on which the rate was determined, with the rates computed. A filing of rates may be justified by (1) the experience or judgment of the title insurance company making the filing; (2) its interpretation of any statistical data relied upon; (3) the experience of other title insurance companies making the filings; or (4) any other factors that the title insurance company considers relevant. (b) The statement and justification provided for in this section shall be open to public inspection; however, information that can be used to identify the experience of a particular title insurance limited producer is confidential.
Alaska Legal Code