/ The course begins with an exploration of the nature, sources and measurement of risks. The course includes the evaluation of risks and the risk-management process; both noninsurance and insurance solutions to the risk-management problem are considered. Applications include risks faced by auto owners, homeowners and individuals in terms of life and health risks. Finally, the course covers the insurance industry. Students learn about the various types of insurers, the functions of insurers, and the regulation of the insurance industry. Prerequisite: junior standing.
Grade Basis: Letter Grade
Credits: 4.0
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