The saga of the now-defunct IMA (International Massage Association) continues. Back in July, Will Green, owner/founder of IMA, basically admitted to sabotaging his own company by failing to turn over $600,000 in insurance premiums paid by massage therapists to the insurance company.
Markel, a respectable insurance company who had been underwriting IMA’s policies since Feb 1, 2008, discontinued writing policies for IMA on April 6, 2010 due to Green’s non-payment of premiums. However, contrary to some propaganda put out by AMC (American Massage Council), Markel is continuing to honor the policies they underwrote through the expiration date on the policy if it was purchased between Feb 1, 2008 and April 6, 2010, in spite of not receiving the premium payments from IMA.
Les Sweeney, President of ABMP, in a letter to former and renewing IMA members, personally spoke with a senior executive at Markel and confirmed Markel’s commitment not to leave therapists in the lurch. According to Sweeney’s letter, AMC’s announcement amounts to nothing more than a scare tactic, and one that is certainly not needed by the therapists who are already confused and scared that their insurance went up in smoke. ABMP, incidentally, has had the same insurance underwriter for more than ten years and does not need to resort to such tactics in order to attract new members.
Incredibly, Mr. Green is now trying to sell insurance through NAMT (National Association of Massage Therapists).