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Insurance Services Office

iso.com

Founded Year

1971

About Insurance Services Office

Insurance Services Office (ISO) provides information about property and casualty insurance risk. It offers statistical, actuarial, underwriting, claims information and analytics, compliance and fraud identification tools, policy language, and many other services. The company serves insurers, reinsurers, agents and brokers, insurance regulators, and risk managers. It was founded in 1971 and is based in Jersey City, New Jersey.

Headquarters Location

545 Washington Boulevard

Jersey City, New Jersey, 07310,

United States

1-800-888-4476

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Insurance Services Office Patents

Insurance Services Office has filed 100 patents.

The 3 most popular patent topics include:

  • computer vision
  • image processing
  • feature detection (computer vision)
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/27/2021

2/6/2024

Aircraft instruments, Avionics, Air traffic control, Satellite navigation systems, Radio navigation

Grant

Application Date

7/27/2021

Grant Date

2/6/2024

Title

Related Topics

Aircraft instruments, Avionics, Air traffic control, Satellite navigation systems, Radio navigation

Status

Grant

Latest Insurance Services Office News

Bend Fire & Rescue improves fire protection rating after levy OK; could help lower home insurance premiums

Dec 13, 2023

Bend Fire & Rescue improves fire protection rating after levy OK; could help lower home insurance premiums BEND, Ore. (KTVZ) -- Bend Fire & Rescue announced Wednesday it has received an impressive fire protection ranking from the Insurance Services Office. The department completed a 10-year evaluation by the Insurance Services Office and received a 2 ranking, which is an improvement from the last rating, which scored them at 4. ISO ratings measure a community’s fire preparedness in case of emergency. A higher rating may lower insurance premiums for a homeowner. Bend Fire & Rescue is one of 2,000 fire departments across the country that have earned a rating of 2, and this is primarily due to the construction of the Pilot Butte station and the staffing of the Advanced Life Support fire engine that serves the area, the agency said. The Insurance Services Office (ISO) is an independent, for-profit organization that scores fire departments on how they are doing against its organization's standards to determine homeowner’s property costs. ISO analyzes areas of fire department staffing, training, available equipment, the ability to develop and maintain specified fire flows for a designated period, water systems and delivery capability, infrastructure, and reserve capability. The ISO then takes this data and assigns a Public Protection Classification -- a number from 1 to 10. Class 1 represents exemplary fire protection, and Class 10 indicates that the area's fire-suppression program does not meet ISO minimum criteria. Fire Chief Todd Riley said, “Earning the Class 2 rating is something that the community should be proud of. Staffing the Pilot Butte station really increased our capabilities to meet the growing demand for our services.” Chief Riley added, “The voters supported us with our levy request, and that revenue will allow us to keep the Pilot Butte station fully staffed with firefighters.” In May, a fire levy to maintain essential emergency services for Bend Fire & Rescue passed to maintain essential fire and emergency services like quick response times, retaining firefighters and paramedics and expanding ambulance services. The five-year levy of 76 cents per $1,000 in taxable assessed property value does not go into effect until July 1, 2024, when the existing levy expires. This represents a 56-cent increase over the previous levy of 20 cents, which brings in about $2.5 million annually. Proponents said the increase was vital to ensure that Bend Fire & Rescue is able maintain their response times and meet the demand of increased calls for service, as well as the potential to lower the ISO rating. Article Topic Follows: Bend

Insurance Services Office Frequently Asked Questions (FAQ)

  • When was Insurance Services Office founded?

    Insurance Services Office was founded in 1971.

  • Where is Insurance Services Office's headquarters?

    Insurance Services Office's headquarters is located at 545 Washington Boulevard, Jersey City.

  • Who are Insurance Services Office's competitors?

    Competitors of Insurance Services Office include Insurity and 5 more.

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