ISO Disputes Author's Claims About Ease Of Data Reporting
To The Editor:
In his article on data reporting to the Insurance Services Office, Inc. (see “ISO Stat Reports No Easy Trick,” NU, July 30, page 19), Gary Gilbert, president and CEO of IDP, an insurance company software firm based in Wyncote, Pa., vastly overstates the complexity of the ISO data reporting process.
The “dramatic” changes in data reporting that Mr. Gilbert alludes to are demanded, not by ISO, but by the National Association of Insurance Commissioners, and apply uniformly to all statistical agents. The additional information required by the NAIC does not make reporting harder, and to our knowledge, no small or mid-sized insurance executive is “struggling” to fulfill his or her company's reporting obligations.
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