Crowe Paradis Services Corporation, a Medicare Secondary Payer (MSP) services provider to the property/casualty insurance industry, announced that it has completed the first step in a rebranding program. Crowe Paradis Services Corporation will be known as ISO Crowe Paradis. The …
Despite the impact of Superstorm Sandy and smaller investment gains, private U.S. property/casualty insurers’ net income after taxes grew to $33.5 billion in 2012 from $19.5 billion in 2011, with insurers’ overall profitability as measured by their rate of return …
ISO has filed its first vehicle telematics-based rating rule in 33 states and received approvals in 19 states. The optional GeoMetric rating rule for personal and commercial automobiles uses information collected via telematics to award discounts for vehicles operated in …
Endorsement Changes ISO’s 2013 CGL filing revises 12 individual endorsements while making mass changes to 24 additional insured endorsements and 34 professional service endorsements. Additionally, six new CGL endorsements are introduced in this filing. At least one of the new …
Insurance Services Office’s (ISO’s) four major filings in Commercial Property, Business Auto, Businessowners Coverage, and Commercial General Liability (CGL) make 2013 a big year for insurance professionals. The next two articles focus on the changes that begin taking effect this …
The six millionth fire hydrant in the country has been identified and recorded by ISO, which maintains the only national fire hydrant database in the United States. ISO is a member of the Verisk Insurance Solutions group at Verisk Analytics. …
Cosmetic damage from wind and hail to homeowner and commercial properties may no longer be covered if insurers opt to use new endorsements, one for homeowners and another for commercial roofs, that are becoming available. The two organizations that standardize …
ISO has enhanced its commercial general liability (CGL) insurance program to address exposures for establishments that allow their patrons to bring and consume alcoholic beverages on their premises (commonly referred to as “Bring Your Own Alcohol Establishments” or “BYOB establishments”). …
Before Hurricane Sandy hit, private U.S. property/casualty insurers’ net income after taxes grew to $27 billion in nine-months 2012 from $8.4 billion in nine-months 2011. Insurers’ overall profitability as measured by their annualized rate of return on average policyholders’ surplus …
ISO, a member of the Verisk Insurance Solutions group at Verisk Analytic, announced new classifications to its commercial property program to account for the emergence of alternative energy sources. In response to the growing demand for alternative energy, ISO is …