An introduction to the nature and handling of risk in personal situations is included.
Emphasis is on property, liability and life exposures to loss at a personal lines level.
Principles of the insurance mechanism, marketing, underwriting, rate making and loss adjusting are covered. An analysis of the risk faced by the business enterprise and the study of the various methods of handling these risks including risk prevention, risk retention, self-insurance and corporate insurance programs are presented in this course. You will study incentives, contracts, and risk within a utility-theoretic framework. Please take the time to change your password after you login to the course. If you would like more information about any of these classes please do not hesitate to contact me.