When the choice is to feed your family or break the rules, your decision isn’t tough. Who could blame Jean Valjean in Les Miserables for his choice to feed his family? We even applaud Robin Hood for stealing. But when you are the boss and you have to decide whether to fire employees or fudge numbers so you can keep them on board, the decision might be more difficult. Being ethical has a higher cost in hard times than in good times, which makes being ethical difficult in our current economic climate. But, even good times can encourage bad behavior as one might get a sense of invincibility when the money is rolling in.

The CPCU Code of Professional Conduct will undergo changes after more than three years of research and analysis by The Institutes, which provides knowledge solutions to the risk management and property-casualty sectors.

While it plans legal action to stop a proposed producer compensation disclosure rule, the Independent Insurance Agents & Brokers of New York is still offering its suggestions to state regulators to aid its members.

CIGNA unveiled a new website for insurance brokers who sell health benefit plans to companies with 50 to 250 employees, to help determine which funding option will best fit their clients’ needs.

Several property-casualty industry experts will be discussing the current economic climate and how to weather the crisis during a panel discussion at the 2010 Capital I Day March 19.

Insurance Agents & Brokers will offer its new “Legal & Ethical Responsibilities of Insurance Personnel” seminar at three Maryland locations this winter.

Insurance and financial service professionals who prepare income tax returns for their clients could face increased regulation by the Internal Revenue Service.

Business owners and financial service professionals want more honesty, integrity and ethics from practitioners, according to a new survey.

Gregory K. Bowser of Abingdon, Md., received a CFP Board public letter of admonition for his conduct in conjunction with his capacity as chairman of a charitable organization.

Bowser, who holds …  Read →

A Columbia, Md., man and Certified Financial Planner was publicly admonished for his involvement in a variable annuities case, according to the CFP Board, which administers the certification.

James R. Klima …  Read →