Focusing on problem-solving, this book emphasizes the business aspects of risk management as well as consumer applications of risk management and insurance. KEY TOPICS: " With an analysis of many current problems facing the insurance industry this book is both relevant and immediate. The sixth edition of "Introduction to Risk Management and Insurance" has been revised to include coverage of International Risk Management (and a new case study); Employment Practices Liability (with case studies on sexual harassment and the Americans with Disabilities Act); the Emergence of Private Insurance in former Communist countries; and the problems facing Social Security. A reorganization moves consumer insurance coverage forward with commercial insurance toward the rear. The book also includes an appendix on Ethics and Insurance Sales. An essential resource for any insurance professional as well as professionals responsible for risk management in any business.
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Focusing on problem solving -- from the managerial, consumer and societal standpoints -- this insurance primer emphasizes both the business managerial aspects of risk management and insurance and the numerous consumer applications of the risk management concept and insurance transaction.
Mark S. Dorfman. I have taught introductory risk management and insurance classes for over 30 years at the following universities: University of Illinois, Miami University (Ohio), the University of Arkansas at Little Rock, the University of North Carolina at Charlotte, and the Wirtschaftsuniversitat Wien (The Business and Economics University of Vienna, Austria). I still enjoy teaching; in fact, most days, I love it. I hope readers that have come this far in the preface already realize that I believe teaching risk management and insurance to students is very important. I continue to find my students stimulating, challenging, and friendly people. I always kept students in mind when writing this book, and I hope they find the writing style "user friendly."
I was born in Chicago and attended Chicago public schools. My undergraduate degree is from Northwestern University. The University of Illinois awarded my Master of Science and Doctor of Philosophy degrees.
I have held high offices, and served on boards of directors of several academic and nonacademic institutions and I have written extensively in the major risk management and insurance academic journals. I look forward to spending part of every summer in Door County, Wisconsin.
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