ISO's Property Claim Services® (PCS®) unit is the internationally recognized authority on insured property losses from catastrophes in the United States, Puerto Rico, and the U.S. Virgin Islands.
PCS investigates reported disasters and determines the extent and type of damage, dates of occurrence, and geographic areas affected. PCS assigns serial numbers that help you track the losses from each catastrophe. And PCS produces damage estimates that help you:
- set loss reserves
- deploy field adjusters
- verify your internal company estimates
The PCS estimates also keep insurers, their customers, regulators, and other interested parties informed about the total costs of disasters. Insurance companies contribute significantly to the economic recovery following a catastrophe. PCS regularly reports on the value of that contribution — and its effect on insurers.
To gather the information needed for its services, PCS has developed a national network of insurer claim departments, insurance adjusters, emergency managers, insurance agents, meteorologists, and fire and police officials. PCS also maintains contact with industry representatives in many countries.
ISOnetSM/PCS provides daily reports on severe weather and catastrophes. And PCS maintains a database of information on catastrophe losses since 1949. PCS also publishes informative reports on issues relating to property claims management. The reports include legislative and regulatory updates, judicial decisions, educational topics, and licensing requirements.
Follow the links for more information about PCS products and services:
For more information . . .
. . . about PCS or to find out how you can get PCS products and services — or to get in touch with a sales representative — contact ISO. You can also call us at 1-800-888-4476.
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