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IRMI Update Quiz

What major change to the Insurance Services Office, Inc. (ISO), businessowners program (BOP) recently went into effect?

A. Introduction of a new ISO micro‑BOP limit
B. Major revisions to the ISO Businessowners Coverage Form
C. Reduction in BOP premium rates
D. Elimination of the ISO BOP form

IRMI Update Quiz Answer: B. Major revisions to the ISO Businessowners Coverage Form