About | Contact | SUBMIT PRESS | Advertise | FAQ
Newsletters | Twitter |
HomeNewsArticlesExpertsDataJobsEDULBSEVENTSDIRBLOGSocialGeoJobs
Software | Webmaps | Submit Press | Utilities | Geo BIZ | iOS | Social Media | LBS | Webinars | LiDAR | Cloud  
advertisement

Top Geo News
Put Your News here! 
 


eGPS Solutions Strengthens Survey Support with Addition of Leica Geosystems Solutions 

Got news? TELL US...
submit press to GISuser

Social Connect




@GISuser

GISuser Sponsor


GISuser Videos


See also SpatialVideos Youtube

Recent Site Additions
GISuser Sponsor

GIS Job Opportunities
Geojobs.biz careers 

More at GeoJobs.BIZ!

GISuser Sponsor


Home arrow News arrow Real Estate arrow RiskMeter's Premium Tax Database Verified by the Kentucky Department of Insurance     

HOT JOB
post a GIS job * THE NEW GEOJOBS.BIZ!!! * 
See THOUSANDS of jobs on GeoJobs.Biz
Submit News/tips to press @gisuser.com
RiskMeter's Premium Tax Database Verified by the Kentucky Department of Insurance PDF Print E-mail
Written by RiskMeter   
27 August 2009

Boston, MA, August 2009 -CDS Business Mapping, LLC., a leader in online hazard mapping, today announced its RiskMeter Online Premium Tax Report has been verified by the Kentucky Department of Insurance. 



This report was created in response to Bill HB 524, which requires insurers to use a verified electronic risk location system to assess premium taxes by January 1, 2010.

Despite best intentions, assigning policies to the wrong tax jurisdictions has been a major issue for insurers who write business in Kentucky, and has resulted in class action lawsuits, as well as insurers having to pay fines due to over/under charging for premium taxes.  The RiskMeter Online has automated this process and by simply typing in an address, the Risk Meter will assign the correct premium tax code, city code, city name, county and fips code to each policy.

"Paying the correct premium taxes on policies has been proven to be complex and in many cases a very costly endeavor, explains James Munson, Director of Consulting Services, RiskMeter Online.  "This process can be extremely labor intensive and it can result in fines if it isn't done properly.  The RiskMeter has been available to customers in KY for more than 7 years and we are pleased the Kentucky DOI has verified our service, so we may offer a solution (Web browser, batch processing or fully integrated) which best suits our customers' needs," says Munson.

The RiskMeter Online offers premium tax reports for 11 states and since it's Web-based, all updates will be performed by RiskMeter, enabling insurance IT departments to focus on other internal projects.  For more information, please contact James Munson at 860.854.6125 or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

About RiskMeter.com

For property underwriters and agents who are looking to increase accuracy, productivity and overall speed of operations, the RiskMeter Online (www.RiskMeter.com) is an Internet application used to automate property risk reports.  By simply typing in an address, users can get back natural hazard information for a given policy location.  The RiskMeter can perform more than 30 different reports, including: distance to coast, rating territory, flood zone, windpool eligibility, proximity to brush, EQ hazards and much more!  For more information, please visit www.RiskMeter.com
 





 
< Prev   Next >

 Did you enjoy this article/news and want to stay informed? 
Click to subscribe to the 2X A Week GISuser Today E-Newsletter


Submit Your GIS/Geo News/PR


blog comments powered by Disqus
Geo EDU Tip
To GISP or Not? What Does It Mean To You? 
HOT Devices
Video - Trimble Positions and the Geo Explorer 6000 XH
Social Media Tips
10 Map Services Your Business MUST Be Listed in
 
Featured Events
  • FOSS4G 2014 - Put on by OSGeo, FOSS4G is the international gathering of open source and geospatial tribes. Join us in Portland, Oregon, USA, Sept 8th-12th
  • Esri Business Summit July 12-15, 2014 - Learn what works and what doesn't work when applying Location Analytics and GIS to business processes from the experts people just like you. Get the backstory on just how much GIS and Location Analytics is making a difference in their businesses.
  • Trimble Dimmensions - Trimble Dimensions User Conference is the premier event of the year for professionals wishing to stay on top of the most current information on a wide range of technologies. This educational, networking and hands-on training conference provides insight into how you can achieve greater success in your workplace. Nov 3-5, Las Vegas, NV

 List Your Event Here 

THE GISuser Newsletter

See Recent edition
newsletter

subscribe GISuser

We won't share your address!
Sponsor


Popular Stuff!


GISuser Site Sponsor


Partner Sites

lidar news
lbszone.com

amerisurv

symbianone

geojobs Geo jobs

geoLearn

A Spatial Media LLC property



Spatial Media, LLC ©2003 - 2013 All rights reserved / Privacy Statement