Pennsylvania law authorizes the formation of a title insurance rating organization. 40 P.S. & 910-41. In Pennsylvania, this rating organization is the Title Insurance Rating Bureau of Pennsylvania [TIRBOP]. A title insurance company may satisfy its filing obligation "by becoming a member of, or subscriber to, a licensed rating organization which makes such filings, and by authorizing the [insurance] commissioner to accept such filings on its behalf. 40 P.S. & 910-37(b). The Insurance Department has appointed TIRBOP as its statistical agent for title insurance. In that role, TIRBOP facilitates the collection of statistical data from all licensed title insurance companies.

Real Estate -> Title Companies