ISO ratings: A story last week reported a local insurance company’s understanding that if the Insurance Services Office downgrades its rating for the Glenwood Spring Springs Fire Department, the rating could be locked in for 10 years. ISO spokesman Chris Guidette says that isn’t true. A city can ask to have its rating re-evaluated at any point based on changing circumstances, and ISO also solicits information from communities on a regular basis and can act quickly to revise ratings, Guidette said. The ratings are used to help determine insurance premiums for property owners.
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