1996

Homeowners Coverage Enhancements Partly Behind Line's Poor Profits, Says ISO NEW YORK, Dec. 30, 1996 — Broadening homeowners coverages, and not just worsening catastrophe losses, are behind the recent poor performance of the industry's third largest line of business, according to Insurance Services Office, Inc. (ISO). A new ISO study...

Former Head of GE Capital's Systems is ISO's Chief Information Officer NEW YORK, Dec. 23, 1996 — Robert Grimm, 48, has been named senior vice president and chief information officer of Insurance Services Office, Inc. (ISO). As the head of ISO's Information Systems & Technology Department, Grimmis responsible for planning,...

INAPPROPRIATE UM/UIM COVERAGE REQUIREMENTS BEFALL COMMERCIAL AUTO INSURERS, ISO STUDY SAYS NEW YORK, Dec. 18, 1996 — A patchwork of continually changing requirements for Uninsured/Underinsured Motorists (UM/UIM) insurance coverages creates special problems for commercial auto insurers, according to a new study by Insurance Services Office, Inc. (ISO). The study said...

Homeowners Will Be Able to Buy Broad Coverage For Home Business NEW YORK, Dec. 17, 1996 — People who run small businesses out of their homes will soon be able to buy stepped-up insurance coverage. Insurance Services Office Inc., (ISO) has filed a new home business insurance coverage endorsement —...

P/C Insurers Less Profitable, But as Much or More Risky Than Non-Insurance Firms, Reports New ISO Study NEW YORK, December 13, 1996 — Property/casualty insurance companies are less profitable but as much or more risky than firms in other industries, according to a new study. The property/casualty industry's capacity to...

Member Insurers Approve Converting Insurance Services Office to For-Profit Corporation NEW YORK, Nov. 18, 1996 — Insurance Services Office, Inc.'s (ISO) member insurers voted today to convert the company to a for-profit stock corporation. The conversion, which becomes effective Jan. 1, is intended to retain and enhance ISO's value to...

To Broaden Services to its Reinsurers, ISO Names Former Scor Executive to be Reinsurance Principal NEW YORK, Oct. 11, 1996 — To broaden its array of products services to reinsurance companies, Insurance Services Office, Inc. (ISO) has named a former senior officer from the SCOR US Group, Nolan Asch, as...

ISO Proposes Change to For-Profit; Part of Managed Evolution to Better Meet Customer Needs NEW YORK, Sept. 25, 1996 — In a move designed to retain and enhance Insurance Services Office, Inc.'s (ISO) value to customers, ISO's board of directors has voted unanimously to convert the company to a stock,...

ISO Buys Assets of Regional Commercial-Multiline Survey Company NEW YORK, September 9, 1996 — Insurance Services Office, Inc. (ISO) today announced it has purchased assets of McClave & Co., Inc., a privately owned commercial-multiline survey company with $1.5 million in annual sales to property/casualty insurance companies in the Northeast. "Integrating...

Two Become Vice Presidents at Insurance Services Office, Inc. NEW YORK, Aug. 26, 1996 — Insurance Services Office, Inc. (ISO) has named two new vice presidents who will lead departments in its insurance services business unit, reporting to Senior Vice President LeRoy A. Boison, Jr.: Kevin B. Thompson, formerly assistant...

Policy Management Systems Corporation and Insurance Services Office, Inc. Ally to Integrate Systems and Data NEW YORK, N. Y., Aug. 13, 1996 — Insurance Services Office, Inc., (ISO) and Policy Management Systems Corporation ® (NYSE:PMS) (PMSC ® ) have entered into agreements designed to provide their joint customers seamless access...

Texas Insurers Can Now Use ISO's Multistate Commercial Property Fire-Class-Rating Program NEW YORK, July 22, 1996 — The Texas Department of Insurance (TDI) has accepted Insurance Services Office Inc.'s (ISO) multistate commercial property fire-class-rating program for use in the $2.1 billion Texas property insurance market. The program will be implemented...

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