Definitions for "Insurance Services Office"
An organization providing statistical information, actuarial analyses, policy language, and related services for the insurance industry.
An organization of property and casualty insurance companies that develops insurance policies and calculates rates for its members. The rates may be used by smaller companies that do not have the loss experience themselves to accurately develop rates or they may be modified by larger companies to better fit their own loss experience.
An organization that compiles statistics, provides information and materials to member companies that subscribe to their services.