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ACA
23-67-202. defines Advisory Organization or Rate
Service Organization as “any entity which either has two (2) or
more member insurers or is controlled either directly or indirectly by
two (2) or more insurers, licensed under § 23-67-214, and which
assists insurers in ratemaking-related activities such as those
enumerated in § 23-67-216 or two (2) or more insurers having a
common ownership or operating in this state under common management or
control constitute a single insurer for the purpose of this definition.
(Arkansas
Code)
The following are licensed as advisory or
rate service organizations in Arkansas.
ACORD
http://www.acord.com/
ACCORD is a nonprofit insurance
association whose mission is to facilitate the development and use of
standards for the insurance and related financial services industries. ACORD accomplishes its mission by remaining an
objective, independent advocate for sharing information among diverse
platforms.
ACORD is committed to providing standards and services
that improve efficiency and expand market reach by: reducing costs;
reducing duplication of work and ambiguous communication exchanges;
improving accuracy; facilitating e-business; and supporting multiple
distribution models.
AIPSO
http://www.aipso.com/
AIPSO
provides all the services necessary for the effective and efficient
administration of automotive insurance plans specifically designed to
provide options to high-risk drivers and the industry that insures
them. They are a not-for-profit organization.
They
provide expertise in the fields of insurance, management, actuarial
science, statistical analysis, information systems development, audit
services, accounting, and insurance law. Many services are provided
directly to or on behalf of governing committees that represent their
state's residual market mechanism.
ALLIANCE OF
AMERICAN INSURERS
http://www.allianceai.org/
Founded in 1922, the Alliance of American
Insurers today represents the interests of more than 340
property-casualty insurers from coast to coast. Our diverse membership
includes companies of all sizes, providing automobile, homeowners,
professional liability, workers compensation, commercial, and other
lines of property-casualty coverages to their policyholders. The Alliance works
closely with its members to create a more favorable business
environment for insurers and their policyholders.
AMERICAN
ASSOCIATION OF INSURANCE SERVICES “AAIS”
http://www.aais.org/
The
American Association of Insurance Services is a product development
resource for property/casualty insurers who require responsive,
innovative information services. With more than 60 years of expertise
in actuarial analysis, policy form development, and regulatory filings,
AAIS is now a recognized leader in customized product research and
design. More than 600 property/casualty companies use AAIS products and
services.
HIGHWAY
LOSS DATA INSTITUTE (AN AFFILIATE OF INSURANCE INSTITUTE FOR HIGHWAY
SAFETY)
http://www.hwysafety.org/
The
Insurance Institute for Highway Safety is a nonprofit research and
communications organization funded by auto insurers. For over 30 years
the Insurance Institute for Highway Safety has been a leader in finding
out what works and doesn't work to prevent motor vehicle crashes in the
first place and reduce injuries in the crashes that still occur. The
Institute's research focuses on countermeasures aimed at all three
factors in motor vehicle crashes (human, vehicular, and environmental)
and on interventions that can occur before, during, and after crashes
to reduce losses. In 1992 the Vehicle Research Center (VRC) was opened. This center, which includes a
state-of-the-art crash test facility, is the focus of most of the
Institute's vehicle-related research. The Institute's affiliate
organization, the Highway Loss Data Institute, gathers, processes, and
publishes data on the ways in which insurance losses vary among
different kinds of vehicles.
INSURANCE
SERVICES OFFICE, INC. (ISO)
http://www.iso.com/
ISO
is the premier source of information about property and liability risk.
For a broad spectrum of commercial and personal lines of insurance, ISO
provides analytical and decision-support products and services,
including statistical, actuarial, underwriting, and claims information;
consulting; technical services; policy language; information about
specific locations; fraud-identification tools; and data processing.
ISO
DATA, INC
ISO
Data is the statistical data division of Insurance Services Office, Inc.
MILL
AND ELEVATOR RATING BUREAU (MERB)
Mill
and Elevator Rating Bureau is a commercial property rating association
for mills and grain elevators.
NATIONAL ASSOCIATION OF INDEPENDENT INSURERS
http://www.naii.org/
NAII is the nation's largest full-service
property/casualty trade association, representing more than 715
members. Its purpose is to advocate its members' public policy
positions at four levels: federal government, state legislatures,
federal and state courthouses and the public arena, and to provide its
members with targeted industry information.
NATIONAL
COUNCIL ON COMPENSATION INSURANCE “NCCI”
http://www.ncci.com/
NCCI operates as a not-for-profit rating,
statistical and data management services organization. NCCI products
and services assist insurers, regulatory officials, lawmakers, and
other industry stakeholders in making informed decisions that support
the efficient economic functioning of the workers compensation system.
NCCI's
core services include:
- Rate and advisory loss cost filings
- Cost analyses of proposed and enacted legislation
- Residual market management
- Production of Experience Ratings
- Statistical and compliance services
- Maintenance of the workers compensation infrastructure of
classifications, rules, plans and forms
- Tools for informed decision-making that extend and enhance
traditional, core offerings
NATIONAL CROP INSURANCE SERVICES
http://www.ag-risk.org/
National Crop Insurance Services (NCIS) is an international not-for-profit
organization representing the interests of more than 60 crop insurance
companies. NCIS member companies write
Crop-Hail Insurance; Multiple Peril Crop Insurance (MPCI),
the federally subsidized risk management program; and, privately
developed crop insurance products totaling approximately $3 billion in
premium, with liability totaling approximately $50 billion. These
companies service all farmers participating in the federal program,
including limited-resource and socially-disadvantaged farmers. In
partnership with the government, these private companies are the safety
net that equitably provides risk management to the American farmer. NCIS members range in size from one-state
companies to national writers, as well as foreign company members.
NATIONAL INDEPENDENT STATISTICAL SERVICE
http://www.niss-stat.org/
NISS
is a unique resource for the property/casualty insurance industry. We
collect and report timely, quality insurance data, and perform other
related functions, at a reasonable cost.
NISS
is committed to providing our member companies with outstanding
service, and doing it in a friendly, positive, responsive manner. We
are here to make your job easier - not only by providing you with the
reporting mechanism you need, but also by helping you understand it
better and keeping it simple.
We are number-crunchers. We truly enjoy working with numbers (why else
would we be in this business?). Even more importantly, we enjoy solving
problems and assisting people.
ODEN INSURANCE SERVICES
http://www.oden-ins.com/
ODEN® Insurance Services, Inc. is a
regulatory research and publishing organization. We produce web-based
compliance research and software, and our products include information
for all insurance lines. Some of the areas we address include market
conduct, underwriting, licensing, filing, and policy termination. We
are a family-owned business based in Tulsa, Oklahoma,
and since 1988 we have successfully assisted insurance companies,
brokers, MGAs, risk managers and other
professionals.
SURETY ASSOCIATION OF AMERICA
http://www.surety.org/
The
Surety Association of America (SAA) is a District of Columbia
non-profit corporation whose members are engaged in the business of
suretyship. Member companies collectively write the majority of surety
and fidelity bonds in the United States. The Surety Association of
America is licensed as a rating or advisory organization in all states,
as well as in the District of Columbia and Puerto Rico, and it has been
designated by all state insurance departments except Texas as a
statistical agent for the reporting of fidelity and surety experience.
The Surety Association of America represents its member companies in
matters of common interest before various federal, state and local
government agencies. The
Surety Association of America has departments handling: statistical
information, regulatory filings, publications, government affiars,
membership, and both surety and fidelity bond underwriting.
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