Insurance Services Office (iso)


Definition of "Insurance services office (iso)"

Nicole Mickens & April Crockett real estate agent
Nicole Mickens & April Crockett, Real Estate Agent Keller Williams Realty

Organization that calculates rates and develops insurance policies for its property and casualty member companies. The suggested rates are used by smaller companies where the loss experience lacks actuarial accuracy. Its rates are also used by larger companies, which modify them to fit their own loss experience.

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