2008

P/C Industry Achieves a Small Profit Through Nine-Months 2008 Despite Significant Deterioration in Underwriting and Investment Results JERSEY CITY, N.J., Dec. 16, 2008 — The U.S. property/casualty insurance industry’s net income after taxes through nine-months 2008 amounted to $4.1 billion, down 91.8 percent from $50 billion through nine-months 2007. The...

Nation’s Fire Departments Face Challenges in Staffing, Recruiting and Training Firefighters, and Accessing Water, Survey Finds JERSEY CITY, N.J., December 1, 2008 — Most U.S. fire departments call on neighboring communities to help them fight fires. And the most significant reason for that is the need for more firefighters. Also,...

ISO Acquires Atmospheric and Environmental Research (AER), World-Renowned Leader in Environmental Modeling and Prediction JERSEY CITY, N.J., November 24, 2008 — ISO announced today it has acquired Atmospheric and Environmental Research, Inc. (AER), a premier environmental and scientific research and predictive modeling company. Terms were not disclosed. Climate change and...

ISO Releases CV Foreclosure Alert TM for Risk Monitoring Pioneer State Mutual Insurance Company Signs Up as an Early Adopter JERSEY CITY, N.J., November 10, 2008 — ISO has announced the release of a new product that will notify underwriters when a foreclosure notice is issued to one of their...

Jersey City Deputy Fire Chief Robert W. Cobb Joins ISO as RDS Director of Community Hazard Mitigation JERSEY CITY, N.J., November 10, 2008 — Robert W. Cobb has joined ISO as RDS Director of Community Hazard Mitigation after retiring from his responsibilities as Jersey City’s Deputy Chief/Fire Department Operations and...

Insurers to Pay $11.5 Billion in Third-Quarter Catastrophe Claims, Says ISO’s Property Claim Services Unit JERSEY CITY, N.J., October 27, 2008 — U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $11.5 billion for third-quarter property losses resulting from a total of 11 catastrophes in 22 states...

Erie Insurance Lifts Off with ISO’s FlightDeck Application — ISO to Provide Erie with Web-Based Property Survey Management System JERSEY CITY, N.J., October 14, 2008 — ISO has signed a license agreement to provide Erie Insurance with its FlightDeck™ customized property survey management system. Erie Insurance, a multiline insurance company...

ISO and IVOX to Pioneer Telematics Data Products for Insurance Industry JERSEY CITY, N.J., and ATLANTA, October 6, 2008 — ISO has announced a strategic alliance with IVOX ® , Inc., the expert in predictive driver risk management, to gather and analyze data collected by telematics devices installed in passenger...

P/C Industry's Net Income and Profitability Declined in First-Half 2008 on Underwriting Losses and Deterioration in Investment Results JERSEY CITY, N.J., Sept. 30, 2008 — The U.S. property/casualty insurance industry’s net income after taxes fell 57.4 percent to $13.9 billion in first-half 2008 from $32.7 billion in first-half 2007. The...

AIR Provides Risk Modeling and Analytical Services for $2 Billion in Catastrophe Bonds to Date in 2008 BOSTON, Sept. 24, 2008 – AIR Worldwide Corporation (AIR) today announced that it has provided risk modeling and analytical services for 2 billion dollars in insurance-linked securities to date this year, or nearly...

Interthinx ® Provides Loan-Originator License Monitoring —Continuous monitoring reduces lenders’ risk of closing loans with unlicensed loan officers— AGOURA HILLS, CA, September 10, 2008 — Interthinx ® now offers 24-hour loan-originator license monitoring to help lenders ensure compliance with state legislation. The system also reduces the risk of either sanctions...

Interthinx ® Forms Strategic Alliance with iMortgage Services — Affiliation empowers Interthinx to offer full suite of collateral risk products — AGOURA HILLS, CA, July 8, 2008 — Interthinx ® , Inc., the leading provider of proven risk mitigation, mortgage fraud prevention, and regulatory compliance tools for the mortgage industry,...

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