ISO Buys NCCI WC Statistical Rival IDR.

National Underwriter Property & Casualty-Risk & Benefits Management, November, 1998 by HAYS, DANIEL

The Insurance Services Office, Inc. said its push into the workers' compensation insurance information field has led it to buy Insurance Data Resources, Inc. The decision by New York-based ISO to buy the startup company, IDR, follows last year's rejection of its offer to buy IDR's 75-year-old, not-for-profit, industry-owned competitor, the National Council on Compensation Insurance.

IDR and NCCI are both based in Boca Raton, Fla. No terms for the transaction were revealed. IDR has 74 employees, some of whom work out of home offices, compared with NCCI, which has 1,200 employees, and ISO, which employs 2,400. IDR President Mike Camilleri said ISO's purchase of his company, which began operations in January 1997, "gives us significant, additional...

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