TITLE

IMSA eyes its limitations

AUTHOR(S)
Kosnett, Jeffrey R.
PUB. DATE
May 1998
SOURCE
LAN: Life Association News;May98, Vol. 93 Issue 5, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the Insurance Marketplace Standards Association officials are concerned that the public will mistake the voluntary standards-setting association for a self-regulatory organization. Alternative solution to antitrust issues affecting punishment of members or taking away a company's membership; American Council of Life Insurance's plans to create a dispute-resolution system.
ACCESSION #
588613

 

Related Articles

  • IMSA process is problematic for some. Piontek, Stephen // National Underwriter / Life & Health Financial Services;9/22/97, Vol. 101 Issue 38, p3 

    Presents information on why persons in the insurance industry are having problems with the Insurance Marketplace Standards Association (IMSA), the organization that is the brainchild of the American Council of Life Insurance. When IMSA was officially launched; Listing of several items that were...

  • Avoiding disaster during an IMSA review. Friedman, Douglas I. // National Underwriter / Life & Health Financial Services;11/10/97, Vol. 101 Issue 45, p12 

    Looks at how to evaluate the Insurance Marketplace Standards Association (IMSA). Indepth look at extensive planning; Identification of the most important distribution systems and products that are distributed through them.

  • Boarding the IMSA train. Ostermiller, Marilyn // Best's Review / Life-Health Insurance Edition;Nov97, Vol. 98 Issue 7, p35 

    Presents several tips for companies seeking to become a member of the Insurance Marketplace Standards Association. Integration of the group's principles into companies' existing ethic statements; Self-evaluation; Setting up a plan for cataloging the documents and interviews that companies will...

  • Insurance Marketplace Standards Assn. will open on Nov. 15; sets ethics guidelines for life...  // Insurance Advocate;09/21/96, Vol. 107 Issue 37, p32 

    Announces that Insurance Marketplace Standards Association (IMSA) is starting its operations on November 15, 1996. Goal; Adoption of a code of Principles of Ethic Market Conduct; Development of guidelines on how insures may advertise their membership in IMSA and use the IMSA logo; American...

  • Insurers rush to join IMSA as kickoff date nears. King, Carole Ann // National Underwriter / Life & Health Financial Services;1/26/98, Vol. 102 Issue 4, p3 

    Reports that a number of insurers are ready to announce their membership by April 1, 1997 when the Insurance Marketplace Standards Association (IMSA) goes public. Comments made by IMSA's Executive Director Robert Googins; Reference to a survey conducted by telephone by Chicago-based NFC...

  • Now is the time to propose IMSA changes. Friedman, Douglas I. // National Underwriter / Life & Health Financial Services;6/8/98, Vol. 102 Issue 23, p26 

    Outlines the changes that must be made by the Marketplace Standards Association. Need for consistency in assessing the organization; Call for a peer review of assessors; Promotion of information and answers sharing; Informing the insurer fully about the nature and extent of the review process.

  • Life Market conduct group ready to begin operations.  // Best's Review / Life-Health Insurance Edition;May97, Vol. 98 Issue 1, p18 

    Reports on the commencement of operation of Insurance Marketplace Standards Association, a group created to put approval on the market conduct of life insurers. Hiring of independent assessors to assist in prospective members in evaluating their market conduct programs; Ability of the program...

  • IMSA effort fully up and running. King, Carole // National Underwriter / Life & Health Financial Services;4/14/97, Vol. 101 Issue 15, p1 

    Reports on the status of the Insurance Marketplace Standards Association (IMSA) with reference to the release of approved independent assessors. Comments by Robert Googins, executive director of the IMSA; Stipulations for qualifying for IMSA membership; Advantages of IMSA membership.

  • New market conduct principles. Dean, Gregory F. // LAN: Life Association News;May98, Vol. 93 Issue 5, p62 

    Focuses on the Insurance Marketplace Standards Association (IMSA). Aim of the IMSA: IMSA Principles of Ethical Market Conduct; Code of Life Insurance Ethical Market Conduct.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics