Code of Professional Ethics of the American Institute for CPCU

Code of Professional Ethics of the American Institute for CPCU, sixth edition, ed. Eric A. Weining, 1999, Malvern, Pa., American Institute for CPCU.

This text aims to achieve two primary purposes. First, it serves as part of the required study material related to the CPCU professional designation. Second, it is intended for CPCUs as a useful reference on the code of ethics by which they are bound. An additional hope is that the book will provide information and inspiration to others with an interest in business ethics. The text successfully builds on five decades of thought specifically related to the CPCU designation and the formal Code of Ethics that was introduced in 1976.

A Commentary on the Canons, Rules, and Guidelines forms the heart of the text. The Commentary provides readers with textbook-like material that is written in an easyto-read, conversational manner to supplement the bare Code. The nine Canons of the Code are general standards of an aspirational and inspirational nature-lofty goals reflecting the fundamental spirit of altruism. For each Canon, the text introduces and discusses issues that are likely to be faced by insurance professionals. Each of the Canons is followed by one or more related Rules. Unlike the Canons, the Rules are specific mandatory and enforceable standards. Guidelines follow the Rules and assist CPCUs and CPCU candidates in interpreting the various Code provisions, understanding their rationale, and applying them to frequently encountered situations that require ethical judgment. The text includes hypothetical...