In a press release, ISO announced today newly formatted algorithm files to accompany their ISO Rating Service® and ISO Electronic Rating Content offerings. Camilion CEO Ross Orrett is quoted as saying ‘Our customers can respond much more quickly to market changes and build products that contain the most up-to-date loss cost and regulatory information. With the latest improvements to the algorithm format, ISO has significantly improved the efficiency of the adoption process, delivering rules that are more accurate, complete, and readable by both human users and automated processes.”
You can read the press release in its entirety here.
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