Rating

When is a sprinkler not a sprinkler?

Automatic sprinkler systems are a curious thing. You’d think they’d be pretty straightforward — either a building has one, or it doesn’t. Either it works, or it doesn’t. Not too complicated, right?...

The Dynamic World of Public Fire Protection

The content below appears in the Q1 2015 issue of Visualize , a quarterly magazine from Verisk Insurance Solutions that contains commentary and insights about auto and property underwriting. You’ll...

Evolution of Homeowners Underwriting

At the start of a new year, we review the past and speculate about the future. As you consider how homeowners insurance may change in the coming years, we thought it would be fun to share a look ba...

FLASH 2014: Revelations around resilience

Recently, ISO Community Mitigation manager Ralph Dorio and I attended the 2014 FLASH Annual Conference in Orlando, Florida. FLASH , the Federal Alliance for Safe Homes, is one of the country’s...

Drone Coverage: Coming Soon to a Policy near You

As companies around the United States look to integrate drones, or unmanned aircraft, into their operations, ISO has been researching associated risks and developing endorsement options to help...

The perils of construction misclassification

One factor to consider when underwriting a commercial property insurance policy is fire risk, and a main consideration in determining that risk is assigning the proper construction class to the...

Taking the garbage out of your catastrophe model

To minimize uncertainty, an effective risk management program has to begin with complete and accurate data. “Garbage in, garbage out” is a cliché, but overuse hasn’t diminished its relevance. You c...

ISO Portal Opens Up New Level of Detail to E&S, Reinsurance Markets

It’s not surprising that excess and surplus (E&S) underwriters have traditionally been forced to rely on experience and judgment to price insurance policies. After all, the non-admitted market is...

Novarica report reveals insurers save significant time and money using ISO content in electronic format

Novarica (a division of Novantas that conducts independent research) recently released a report showing that, by using ISO content in electronic format, insurers have realized on average: - a 39...

New PhoneAssist service helps improve your underwriting and rating processes

As an insurer, you perform many important and strategic functions essential for risk control — functions that can be costly or time-consuming — and often rather tedious. That’s why we’re offering o...