Frank Coyne News

Big I’s Virtual University Tops Insurance Journal Poll

You know you’re onto a story when anyone or anything outscores Maurice Greenberg in a contest for “most influential” in today’s insurance business. The Big I’s Virtual University and its director, Bill Wilson, did just that in a recent readers’ …

Profitable or Not’ U.S. P/C Industry Struggles to Get Ahead

While U.S. property and casualty insurance carriers have worked hard in the past couple of years to follow the “return to underwriting” command, looking critically at the risks they’re insuring and raising rates accordingly, the goal of profitability is getting …

U.S. P/C Industry’s Profitability Continues Downward Slide Despite Recent Premium Growth

Despite reported significant premium growth since 1998, the U.S. property/casualty industry’s profitability continues its long downward trend, an industry leader said Tuesday. Speaking at the annual meeting of the Society of Insurance Research in Florida, Frank Coyne, chairman, president and …

ISO HomeValue Offers Insurers a New Method to Estimate Residential Replacement Values

Insurance Services Office, Inc. (ISO) and AIR Worldwide Corporation (AIR) announced the release of ISO HomeValue(TM), a new web-based property replacement valuation system based on the latest component-based technology. Unlike typical insurance-to-value estimators on the market, ISO HomeValue reportedly has …

ISO Files Policy Forms and Rules for Insurers to Meet Terrorism Coverage

Insurance Services Office, Inc. (ISO) has filed with all state insurance regulators the commercial insurance policy forms carriers can use to sell terrorism coverage. The new ISO-developed forms contain standardized policy contract language for underwriting terrorism coverage in existing policies …

ISO Acquires IntelliCorp

Insurance Services Office, Inc. (ISO) has acquired IntelliCorp, Ltd., a nationwide provider of criminal records, motor vehicle reports and other public documents. With a database of over 70 million criminal records accessible via the Internet, the Solon, Ohio, firm gives …

ISO Develops New Commercial Policy Forms, Rating Information for Terror Backstop Law

Insurance Services Office, Inc. (ISO) will file commercial lines policy forms and rating information in response to the Terrorism Risk Insurance Act of 2002 passed by Congress. The law provides financial backing by the federal government for insurance losses certified …

ISO Board of Directors Names Coyne Chairman

Frank J. Coyne, president and CEO of Insurance Services Office, Inc. (ISO), was named chairman of the ISO board of directors, effective July 1. Coyne became ISO’s president and COO in Jan. 1999 and CEO in July 2000. As chairman …

ISO Board of Directors Names Coyne Chairman

Frank J. Coyne, president and CEO of Insurance Services Office, Inc. (ISO), was named chairman of the ISO board of directors, effective July 1. Coyne became ISO’s president and COO in Jan. 1999 and CEO in July 2000. As chairman …

Where is P/C Industry Headed’

Orlando – “We cannot afford to pay another loss like 9/11.” Just one of the thoughts of Frank Coyne, president and CEO of Insurance Services Office (ISO), during a general sessions panel on the final day of the 2002 ACORD …