Put the following in time sequence order (earliest = 1, most recent =4) and match each one with its conclusion. Sequence Conclusion_ Armstrong Committee_ Paul vs Virginia_ Merritt Committee South-Eastern Underwriters Association Choices for Conclusion: A. Found abuses in the life insurance industry B. Insurance is interstate commerce C. Insurance is not interstate commerce D. Uncovered abuses in the property-casualty insurance industry

Insurance companies may use all of he following sources to oblain underwriting information about an applicant EXCEPT.   A.The Medical Information Bureau (MIB)   B.Inspection report companies   C.Actuarial raling bureaus   D.A Fair Credit report

Which of the forgoing "year-end" actions are clearly in conflict with the IMA statement of ethical standards and should be viewed as unacceptable because of their potential harm to investors?

3

FASB chairman Rich Jones recently commented on a recent Proposed Accounting Standard Update on Leases.  He stated that the proposed Update reflected issues and changes in the new Leasing standard brought to FASB's attention through interactions with stakeholders.   This is an example of how financial accounting standard setting is ____________    Question 18 options:   a)  reactive   b)  transparent   c)  proactive   d)  political