Property and Casualty insurance companies are required to file their statistical experiences to meet state regulatory requirements. Statistical reporting is the filing of detailed information such as class, coverage, territory, etc. to state insurance departments.

ISS collects your data for the purpose of meeting your compliance reporting requirements to various regulatory bodies. We do not use your data to develop any other products such as loss costs, rates, rules, or forms.

Statistical reporting is mandatory due to regulatory requirements. Statistical reporting is one of the tools helping Insurance Regulators monitor the market and ensure rates adhere to statutory standards. This derives from state rating laws and the McCarran-Ferguson Act, which gave states the authority to regulate insurance.

Unless your company has received an exemption from state insurance departments, it is required to submit data via a statistical agent.

ISS reporting is simple and stable. Our statistical plans rarely change, typically only at the request of the state insurance department or regulatory agency. As such, ISS collects:

1) Less detail - only the fields required for statistical reporting, with summarized records, not transactional ratemaking level detail

2) Less files - one insurance line is reported in one file; premiums, paid losses and outstanding losses are collected in the same submission

3) Less frequent - annual reporting (except where quarterly reporting is required by regulators)

ISS is also known for our outstanding subscriber support. We offer workshops, reference materials, and online tools to support subscriber needs when reporting to us.

ISS accepts data for the following lines of business:

No, ISS does not support Worker's Compensation.

No. In general, anything that falls outside state rating laws, such as surplus lines, is not statistically reportable.

Our office is located at 8700 West Bryn Mawr Avenue, Suite 1200S, Chicago, Illinois, 60631. We are supported by employees both in the Chicago area and remotely. 

ISS is licensed and operates in 49 states as well as the District of Columbia and Puerto Rico. We do not serve the state of Texas.

The Texas Department of Insurance has designated specific statistical agents to collect statistical data in Texas.

All of our open positions are posted to our careers page. There you'll find full details on the position, including responsibilities and qualifications. Have questions about these openings? You can contact us here.

Yes. Each September, the Illinois Department of Insurance notifies companies of their upcoming reporting requirement for their Illinois Cost Containment (ICC) data. ISS submits subscriber statistical data on their behalf to the state every November. This eliminates the need for you to report your data separately to Illinois. ISS services ICC for no extra charge to our subscribers.

ISS creates state-mandated compilations of experience. ISS also produces many required reports for individual states throughout the years. Examples of this are the North Carolina Trend, Virginia Automobile Study, New Jersey Zip Code Reports, Illinois Cost Containment, Residual Automobile Quota Determination, and Fulfillment.

Only licensed property-casualty companies can affiliate with ISS. However, vendors supporting the statistical reporting of an ISS subscriber company can register for the ISS website. Such vendors can also access ISS system applications in support of their subscriber. If you are a vendor and you don't currently support ISS reporting but would like to do so, please use our contact form.

ISS' main strengths are that we collect minimal detail, almost all our reporting is annual, and we rarely change our coding requirements. We are also noted for our customer service. To cite one example, we have a Customer Support Program where we can assign ISS staff to walk a newly affiliated company through the statistical reporting process step-by-step. There is no charge for this service. 

All the above makes ISS a good fit for a start-up or a company new to statistical reporting.

In addition to being a statistical agent, ISS offers Fast Track Plus™, a data product. Fast Track Plus™ can be used for benchmarking or to supplement rating information. It allows for the monitoring of emerging Private Passenger Automobile and Homeowners claims experience and represents the consolidated experience of a significant sample of the industry. Fast Track Plus™ is released quarterly, about 120 days after the end of a quarter. For more information, please see our Fast Track Plus™ page. 

We create a quarterly newsletter for our subscribers with relevant updates, insights, reporting tips, and training topics. The newsletter, Statistically Speaking, is uploaded to our website. We also send a broadcast email to announce its availability. 

ISS supports Assigned Risk/residual market reporting requirements. One of the major components of Assigned Risk reporting relates to AIPSO Quota Determination and Quota Fulfillment reporting. AIPSO acts as a service provider for private passenger and commercial risks in Automobile insurance. ISS ensures that your company is in compliance with Quota Determination and Fulfillment reporting requirements.

To get more information about ISS, or to sign up for statistical services, contact Mark Siwek, Vice President, Business Development, at mark.siwek@statreporting.com or at 847-553-3641.

Cost varies depending on lines reported. Most lines have a flat state charge, meaning you pay a flat rate for each state and line of business you report to us. 

We have an additional charge for premium volume in Automobile reporting, since it has more extensive regulatory reporting requirements. This charge varies by tiers based on premium counted in the millions of dollars.

For a quote, please contact us.