Board of Directors Meeting Agenda


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Meeting Date: 07/19/2018  

SUBJECT MATTER:
Receive, consider and act upon a briefing on The Woodlands Fire Department ISO 1 rating; 
FISCAL IMPACT:
N/A
BACKGROUND:
The Woodlands Township received the Insurance Service Office (ISO) 1 rating on May 1, 2014.  Public Protection Classifications or ISO ratings range from 1 (best) to 10 (worst).  In 2018, of the communities evaluated by ISO only 97 out of 48,855 in North America achieved this prestigious rating.  In April of 2017, the department recommended to the Board that the community undergo a reevaluation due to key leadership changes within the Texas Fire Marshal’s Office, newly amended ISO grading criteria, and possible changes in the frequency of mandated reevaluations.  The Board approved this action and the community was reevaluated in the 4th quarter of 2017.
 
In 2014, the Township scored 91.07 to obtain the Public Protection Class or ISO rating of one. Ninety (90) points are necessary to achieve this rating.  On June 11, 2018, the Township received notification from the Texas State Fire Marshal’s Office of our new reevaluation score, 99.45.  The Insurance Services Office is recommending the classification of ISO 1 continue with an effective date of November 1, 2018.
 
The community’s ISO rating is important to residential and commercial property owners, as insurance premium rates are directly affected by the rating.  It is also a key component for corporations considering relocation to The Woodlands.  Our community will continue to enjoy the distinction of ISO 1 for the unforeseeable future knowing it is one of the safest community’s in America.
RECOMMENDATION:
Briefing only.
Attachments
ISO Rating Recommendation Letter


    

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