ISO Develops WC Claim Diagnostic Service

Insurance Services Office, Inc. (ISO) has developed a new claim diagnostic service for liability and workers compensation insurance companies to benchmark companywide claims settlement practices and compare those with industry norms. ISO's new Claim Diagnostic Benchmarking service tells senior claims executives and CEOs how their companies' existing claims settlement parameters compare with industry benchmarks. "By analyzing medical and bodily injury data in our unique database of bodily injury and workers compensation claims, ISO's new service provides an easy-to-use method that claims exec...