Insurance Services Office News

Georgia County Invests $1.9M in Fire Fighting Efforts to Cut Insurance Rates

A southeast Georgia county will spend $1.9 million to buy three fire trucks and three water tankers, part of a strategy to increase fire protection and cut property insurance rates in rural areas. The Statesboro Herald reports Bulloch County commissioners …

ISO Upgrades Sioux Falls, South Dakota Fire Protection Rating

Homeowners in South Dakota’s largest city might soon get a break on their insurance bills. The Insurance Services Office that scores about 48,000 fire departments nationwide is upgrading Sioux Falls’ public protection grade to the second-best mark that a fire …

Private U.S. P/C Insurers’ Income Fell to $19.1B in 2011: ISO, PCI

A new analysis shows that while the private U.S. property/casualty insurers suffered deteriorating results in 2011, they still ended the year with a strong and improved fourth-quarter. Private U.S. P/C insurers’ net income after taxes fell to $19.1 billion in …

Rural Floridians Face Insurance Woes After Change in Fire Risk Rating

Florida residents in rural areas may be having fire insurance difficulties now that insurers have begun using revised community fire ratings that rate some rural counties a high risk for fire loss. The industry’s Insurance Service Office has assigned new …