They should just remove tags... Have;
<Title A>
<Player Name>
<Title B>
<Full Free Company Name>
They can easily change the font size of the Free Company name under the players name to make it less intrusive. And by "Title A" and "Title B" I don't mean having two titles, I mean the two different types of titles, some go before the name, some go after. I'm sure there are PS3 limitations or some such ridiculousness preventing this though, so we're stuck with tags that can be completely pointless as long as two Free Companies can have the same tag.