Introduction to Risk Management and Insurance (6th Edition)

Includes new or expanded discussions of such current issues as the potential for catastrophic losses to undermine the solvency of the property insurance industry; the legal problems presented to employers by their hiring, terminating, and supervising practices; the moral and ethical problems faced by insurance agents and brokers; international risk management problems; the potential for private insurance in Eastern Europe; and computer literacy. Annotation c. by Book News, Inc., Portland, Or.

Focusing on problem-solving, this book emphasizes the business aspects of risk management as well as consumer applications of risk management and insurance. 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.