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ISO was formed in 1971 as an advisory and rating organization for the property/casualty insurance industry to provide statistical and actuarial services, to develop insurance programs, and to assist insurance companies in meeting state regulatory requirements. [4] It became a wholly owned subsidiary of Verisk Analytics in October 2009. [5]
The Affordable Care Act (ACA) established the health insurance rate review program in order to protect consumers from unreasonable rate increases. [1] Through this program, proposed premium increases in the small group and individual markets that are above a threshold amount (ten percent or more, as of February 2014) are reviewed by states or the federal government to determine whether the ...
The company's Insurance Services Office (ISO) subsidiary was created in 1971 through the consolidation of various state, regional, and national rating bureaus for various lines of property/casualty insurance. [1] ISO helps insurers with product development, underwriting, and rating. In 2008, Verisk Analytics was established to serve as the ...
Going without health insurance could leave you on the hook for catastrophically large bills. But this year, you may end up paying more for health coverage due to circumstances outside your control ...
That is because the city of Bluefield has achieved a lower ISO (Insurance Service Office) rating. An ISO rating ranks the capabilities of a community's fire department response. The good news was ...
Self-funded health care, also known as Administrative Services Only (ASO), is a self insurance arrangement in the United States whereby an employer provides health or disability benefits to employees using the company's own funds. [1]
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