Insurance Services Office, Inc. (ISO) has expanded ISO IntegRater™ to deliver commercial-auto advisory loss costs and rating factors so insurers can directly incorporate the information into their rating and policy-issuance systems. Insurers use ISO commercial-auto loss costs and rating factors to develop rates for pricing commercial-auto insurance.
ISO IntegRater delivers loss costs and rating information for all states in which an insurer participates. Loss costs are projections of future claim costs.
Initially, commercial-auto data on ISO IntegRater is delivered on a CD-ROM. Insurers can then download updates from ISOnetSM, ISO’s Internet information- delivery platform. The updates track ISO approval circulars.
With the latest expansion, ISO IntegRater now delivers prospective advisory loss- costs information and rating factors for five lines of insurance: commercial auto, general liability, commercial property, commercial package policy and businessowners.
Insurers using the ISO IntegRater selection panel on ISOnet can download data by line of business, filing identification number, circular number, update date, state, table number and implementation date.
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
