Insurers reporting claims to the ISO ClaimSearch system shouldinitially be focusing on losses in the auto and property lines, ISOsaid.
ISO released guidance for reporting claims in the wake ofHurricane Katrina in response to inquiries from claims departmentsseeking to know what information should be reported and how to goabout doing so.
Given the overwhelming number of claims expected to be filedfrom New Orleans and the Gulf Coast region, and potentially fromthose areas affected by Hurricane Rita, "the immediate need is forcomprehensive reporting of losses in the auto and property lines,"said Richard P. Boehning, senior vice president at ISO. "We expectmore claims over time, including the casualty lines as worker'compensation and liability claims begin to come in."
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