NEW YORK, July 13, 1999 – Insurance Services Office, Inc. (ISO) has added catastrophe information from its Property Claim Services (PCS) unit to ISOnet®, ISO's Internet delivery system.
PCS customers can now access Daily Severe Weather Summaries, Catastrophe Bulletins, and Tropical Storm/Hurricane Advisories through ISOnet.
"Insurers and others affected by catastrophic events in the United States have a critical need to get authoritative PCS catastrophe information as quickly as possible," said Donald J. Rainone, ISO's executive vice president for marketing and strategic planning. "Immediate access to PCS information will allow insurers to better allocate claims resources and process catastrophe-related claims more efficiently."
PCS catastrophe information now available on ISOnet includes:
With real-time access to ISOnet, PCS customers can easily find and use current and historical PCS catastrophe and weather-related information. ISOnet allows users to easily view, print, and download that information at their personal computers.
Since ISO launched ISOnet last year, the secure, password-protected website has efficiently delivered ISO's core information services to more than 200 insurance industry customers. More than 4,000 individual users regularly access ISOnet through a standard Internet connection.
For 50 years, PCS has been a source of information, training, and services for handling claims that result from catastrophes. PCS is recognized around the world as the property/casualty insurance industry's authority on catastrophic events in the United States. PCS information is used primarily as a benchmark for internal company damage estimates in setting loss reserves and as a guide in deploying claims adjusters.
For more information on access to PCS information through ISOnet, contact ISO Customer Service at 1-800-888-4476, or e-mail ISO at ISOnet@iso.com.