Compliance and Reporting

 

Compliance and reporting services

We offer a wide range of compliance and reporting services to help you make more informed decisions, plan strategically, and comply with federal and state requirements for a variety of areas. We serve as a statistical agent in all 50 states, the District of Columbia, and the Commonwealth of Puerto Rico for many lines of property/casualty insurance and provide claims data as required to state fraud bureaus, fire marshals, or other entities on behalf of insurers.

We provide data to help you comply with regulators, AIPSO, the National Motor Vehicle Title Information System, loss payees and mortgagees, electronic automobile liability insurance reporting (ALIR), and the Office of Foreign Assets Control (OFAC).

compliance and reporting.jpg

Our comprehensive set of workers' compensation products and services help you in many areas, including fraud detection and mitigation, compliance reporting, claims management, cost containment, data management, protocol design and claims settlement consultation, and premium audit. We offer back-office processing support, advanced analytics, injury and policy reporting, data conversion, and proof of coverage. And our Medicare compliance and resolution services help you meet your obligations and comply with reporting and other requirements.


Products and Services

ISOnet — the Internet information service for insurance professionals — contains a complete electronic version of the current ISO Commercial Lines Manual (CLM), as well as historical information back to 1994.

The wcPrism Medical Reporter provides carriers with a quick and efficient way to consolidate all medical bills into one data warehouse to manage compliance reporting for all state data collection organizations (DCOs).

For more than 25 years, insurers have relied on the State Filing Handbook from ISO for compliance details on filing rates, rules, and forms in all jurisdictions. The handbook tells you how to make independent filings in every state and what to do in response to ISO filings.

ISO offers a broad array of specialty commercial lines insurance programs that make it easy for you to enter and compete in new markets. Each program gives you standardized ISO policy forms and endorsements, manual rules, advisory loss costs, and related information.

ISOnet brings ISO's vast wealth of insurance information to you over the web. With ISOnet — the information service for insurance professionals — you can easily locate current and historical ISO documents, eliminating the time you'd waste tracking down misplaced or filed copies.

We live in an information age. Businesses, investors, regulators, and public policymakers seek accurate information for everyday decisions. And no organizations rely more heavily on data than property/casualty insurance companies and the insurance departments that regulate them.

The State Filing Handbook for Workers' Compensation is your online source of information about filing laws, regulations, and procedures for workers' compensation.

wcNavigator is the only predictive model in the marketplace that offers ISO-aggregated industry data to supplement your own historical claims data, providing a more powerful solution that ensures your claims costs stay on course.

One byproduct of your business involves collecting risk data. What you do with that data, however, can make or break you. Incomplete or inaccurate reporting and noncompliance threaten your bottom line when you lose your grip on your own data. The ISO Preferred Data Partnership can help.

CV-Exchange helps you streamline your processes for loss payee notifications, additional-insured notifications, and producer notifications. The system uses NoticeLink, an electronic service that quickly delivers data and significantly reduces returned mail.

Maintain accuracy in reporting WCPOLS to individual DCOs and avoid noncompliance fines. By applying an array of cross-relational policy-level database edits, the wcPrism Policy Reporter helps you maintain accuracy in reporting policy information (WCPOLS) to individual data collection organizations and avoid noncompliance fines.

The wcPrism Unit Statistical Reporter is a transactional-based solution for aggregating, valuating, and submitting unit statistical reports (USRs) to all state data collection organizations that require them.