A. A title insurance filing shall be accompanied by a statement of the title insurer, title insurance agent, or title insurance rating organization making the filing, setting forth the basis upon which the rate was fixed, and the manner in which fees are to be computed. Any filing may be justified by:
1. The experience or judgment of the title insurer, title insurance agent, or title insurance rating organization making the filing.
2. Its interpretation of any statistical data relied upon.
3. The experience of other title insurers, title insurance agents, or title insurance rating organizations.
4. Any other factors which the title insurer, title insurance agent, or title insurance rating organization deems relevant.
B. The statement and justification shall be open to public inspection after the rate to which they apply becomes effective.