Introduction to Risk Management and Insurance (7th Edition)

This insurance primer focuses on problem-solving from managerial, consumer, and societal perspectives. It emphasizes both the business managerial aspects of risk management and insurance and the numerous consumer applications of the concept of risk management and insurance transaction. Coverage of the financial services reform act known as the Gramm-Leach-Bliley Act. Coverage of the financial risk management techniques used as substitutes for commercial insurance. Coverage of current problems facing the insurance industry alerts students to relevant topics such as the future of Social Security, financing AIDS, the feasibility of national health insurance. For corporate directors, new risk managers of small and medium-sized firms, and for state legislators who vote on insurance issues.