Helping Insurers Comply with Legal and Regulatory Requirements

Helping Insurers Comply with Legal and Regulatory RequirementsInsurance companies need to be sure that their policy language, rules, and rates comply with all applicable legal and regulatory requirements. Insurers must also make sure their policies remain competitive — for example, promptly changing coverages in response to changes in statutes or case law. ISO maintains a specialized staff of lawyers and insurance experts to perform those essential functions.

  • We design and review our standardized policy language, rules, cost information, and other products to make sure they comply with all statutory, judicial, and regulatory requirements.
  • We review and respond to changes in the law, court decisions, and regulatory orders.
  • We file our products with regulators, as required by law, and actively pursue approvals.

Insurers that use ISO's products realize huge savings on the cost of legal expertise. ISO spends millions on legal and regulatory compliance, but each insurer pays only a tiny fraction of the cost.

For more information . . .
. . . about ISO's products and services, try our Product Finder. To ask a question, make a comment, or request service, contact ISO. You can also call us at 1-800-888-4476.

 
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