Fundamentals of Risk and Insurance, 11th Edition presents a thorough and comprehensive introduction to the field of insurance while emphasizing the consumer. The new edition first examines the concept of risk, the nature of the insurance device, and the principles of risk management. It then discusses the traditional fields of life and health insurance as solutions to the risks connected with the loss of income. Fundamentals of Risk and Insurance, 11th Edition alsodeals with the risks associated with the ownership of property and legal liability.
Book Details:
- Author: Emmett J. Vaughan
- ISBN: 9781118534007
- Year Published: 2014
- Pages: 686
- BISAC: BUS033070, BUSINESS & ECONOMICS/Insurance / Risk Assessment & Management
About the Book and Topic:
Fundamentals of Risk and Insurance, 11th Edition presents a thorough and comprehensive introduction to the field of insurance while emphasizing the consumer. The new edition first examines the concept of risk, the nature of the insurance device, and the principles of risk management. It then discusses the traditional fields of life and health insurance as solutions to the risks connected with the loss of income. Fundamentals of Risk and Insurance, 11th Edition alsodeals with the risks associated with the ownership of property and legal liability.
The state of health insurance is one of the most hotly debated topics that is addressed during each presidential electoral year, and with 15.9% of Americans lacking health insurance, it is a timely issue. Understanding the structure of the health insurance field will help give the consumer insight on one of the nation’s fastest growing concerns.
Examines the new Prescription Drug program as well as other changes to Medicare Looks at changes in the life insurance market, including new designs to variable annuity and universal life policies Discusses the latest regulations that insurance companies must deal with as well as proposals for new federal regulation Covers the most recent developments in risk management and enterprise risk management Explores the structure of today’s health insurance market
About the Author
Therese M. Vaughan is the Robb B. Kelley Distinguished Professor of Insurance and Actuarial Science at Drake University. Prior to joining Drake, she served as Iowa Insurance Commissioner for over 10 years and as President of the National Association of Insurance Commissioners.