The Insurance Services Office (ISO) is an organization that provides various services to the insurance industry, including data analysis, risk assessment, and policy development. Established in 1971, ISO plays a crucial role in developing and standardizing policy forms and coverage specifications for various types of insurance, including property, casualty, and auto insurance. ISO is known for its comprehensive databases that contain historical insurance claims and loss data, which help insurers assess risks more accurately and set appropriate premiums.
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