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| Risk and the Risk Management Process | |
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| Introduction to Risk | |
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| The Burden of Risk | |
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| Definitions of Risk | |
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| Sources of Risk | |
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| Measurement of Risk | |
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| Management of Risk | |
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| Risk Identification and Evaluation | |
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| Risk Identification | |
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| Risk Evaluation | |
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| Accuracy of Predictions | |
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| Property and Liability Loss Exposures | |
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| Property Loss Exposures | |
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| Liability Exposures | |
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| Types of Liability Damages | |
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| Criminal and Civil Law | |
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| Torts | |
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| Basic Law of Negligence | |
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| Defenses Against Negligence Claims | |
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| Factors Leading to Higher Standards of Care | |
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| Types of Liability Exposures | |
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| Miscellaneous Liability | |
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| Integrated Risk Exposures | |
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| Life, Health, and Loss of Income Exposures | |
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| Exposures Due to Premature Death | |
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| Exposures Due to Loss of Health | |
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| Other Income Loss Exposures | |
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| Risk Management Techniques: Noninsurance Methods | |
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| Risk Avoidance | |
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| Loss Control | |
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| Risk Retention | |
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| Risk Transfer | |
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| The Value of Risk Management | |
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| Insurance as a Risk Management Technique: Principles | |
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| The Nature of Insurance | |
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| Principle of Indemnity | |
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| Principle of Insurable Interest | |
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| Principle of Subrogation | |
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| Principle of Utmost Good Faith | |
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| Requisites of Insurable Risks | |
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| Requirements of an Insurance Contract | |
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| Distinguishing Characteristics of Insurance Contracts | |
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| Role of Agents and Brokers | |
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| Principles of Social Insurance | |
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| Social and Economic Values and Costs of Insurance | |
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| Insurance as a Risk Management Technique: Policy Provisions | |
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| Declarations | |
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| The Insuring Agreement | |
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| Exclusions | |
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| Common Policy Conditions | |
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| Definitions | |
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| Basis of Recovery | |
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| Clauses Limiting Amounts Payable | |
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| Selecting and Implementing Risk Management Techniques | |
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| Avoid Risks If Possible | |
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| Implement Appropriate Loss Control Measures | |
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| Select the Optimal Mix of Risk Retention and Risk Transfer | |
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| Implementing Decisions | |
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| Subjective Risk Management | |
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| Enterprise Risk Management and Alternative Risk Transfer | |
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| Commercial Risk Management Applications: Property--Liability | |
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| Risk Management and Commercial Property--Part I | |
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| The Simplified Commercial Lines Portfolio Policy | |
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| Boiler and Machinery Insurance | |
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| Business Owners' Program | |
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| Other Commercial Property Forms | |
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| Reporting Forms | |
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| Consequential Loss Coverage | |
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| Time-Element Contracts | |
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| Contracts Without Time Element | |
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| Risk Management and Commercial Property--Part II | |
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| Transportation Insurance | |
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| Ocean Transportation Insurance | |
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| Land Transportation Insurance | |
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| Floater Contracts | |
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| Credit Insurance | |
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| Title Insurance | |
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| Plate Glass Insurance | |
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| Crime | |
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| Crime Insurance and Bonds | |
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| Burglary, Robbery, and Theft Insurance | |
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| Risk Management of the Crime Peril | |
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| Disaster Risk Management: A Case Study | |
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| Business Liability and Risk Management Insurance | |
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| Common Liability Contract Provisions | |
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| Commercial Liability Insurance | |
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| Commercial General Liability | |
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| Employment Practices Liability | |
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| Business Auto Coverage | |
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| Professional Liability Insurance | |
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| Captive Insurance Companies | |
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| Workers' Compensation and Alternative Risk Financing | |
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| Workers' Compensation Insurance | |
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| Major Reform | |
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| Risk Management and Workers' Compensation | |
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| Conclusions | |
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| Personal Risk Management Applications: Property--Liability | |
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| Risk Management for Auto Owners--Part I | |
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| The High Cost of Automobile Losses | |
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| Insurance Claims | |
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| The Need for Insurance | |
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| Personal Automobile Policy | |
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| Personal Automobile Policy Components | |
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| Automobile Insurance and the Law | |
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| Risk Management and Personal Automobile Rating | |
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| Risk Management for Auto Owners--Part II | |
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| Premiums and Death Rates | |
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| Car Theft | |
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| Who Pays | |
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| Cost Containment | |
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| No-Fault | |
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| Alcohol and Driving | |
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| New Laws | |
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| Advances in Driver and Auto Safety | |
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| Airbags, Auto Property Damage, and Teenage Drivers | |
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| A Potential Crisis | |
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| Risk Management for Homeowners | |
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| Homeowners' Program: Development | |
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| Outline of Homeowners' Coverages | |
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| Analysis of Homeowners' Policy | |
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| Perils Covered in Homeowners' Insurance | |
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| Optional Property Endorsements to Homeowners' Policies | |
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| Flood Insurance | |
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| Personal Articles Floater (PAF) | |
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| Mobile Home Endorsement to Homeowners' Policy | |
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| Comprehensive Personal Liability and Medical Payments Insurance | |
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| Dwelling Program (Not Homeowners') | |
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| Farmowners'-Ranchowners' Policy | |
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| Risk Management--Personal Lines | |
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| Personal Risk Management | |
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| Risk Management Applications: Life, Health, and Income Exposures | |
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| Loss of Life | |
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| Types of Life Insurance | |
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| Income Tax Treatment of Life Insurance | |
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| Life Insurance Contract Provisions | |
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| Loss of Health | |
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| Health Insurance Providers | |
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| Mechanics of Cost Sharing | |
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| Health Expense Insurance | |
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| Disability Income Insurance | |
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| Health Insurance Policy Provisions | |
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| Health Care Reform | |
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| Retirement Planning and Annuities | |
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| Structure of Annuities | |
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| Annuity Characteristics | |
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| Annuity Taxation | |
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| Employee Benefits: Life and Health Benefits | |
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| Reasons for Employee Benefits | |
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| Premature Death Benefits | |
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| Health Expense Benefits | |
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| Disability Income Benefits | |
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| Employee Benefits: Retirement Plans | |
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| Social Security Retirement Benefits | |
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| Pension Plans | |
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| Plan Qualification | |
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| Deferred Profit-Sharing Plans | |
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| Employee Savings Plans | |
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| Individual Retirement Accounts | |
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| Simple Plans | |
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| Keogh Plans | |
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| Section 403(b) Plans | |
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| Financial and Estate Planning | |
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| Financial Planning | |
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| Estate Planning | |
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| A Case Study: The Johnson Family | |
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| Considerations in Buying Life and Health Insurance | |
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| The Risk Management Environment | |
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| Risk Management and the Insurance Industry | |
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| The Field of Insurance | |
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| Types of Insurers | |
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| Channels of Distribution in Insurance | |
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| Globalization of Risk Management and the Insurance Industry | |
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| Functions and Organization of Insurers | |
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| Functions of Insurers | |
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| Reinsurance | |
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| Government Regulation of Risk Management and Insurance | |
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| Why Insurance Is Regulated | |
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| The Legal Background of Regulation | |
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| The McCarran-Ferguson Act | |
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| Federal versus State Regulation | |
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| Responsibilities of the Insurance Regulators | |
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| Miscellaneous Insurance Laws | |
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| Tort Reform | |
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| Taxation of Insurance | |
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| Appendixes | |
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| Glossary | |
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| Present Value and Annuity Tables | |
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| Personal Automobile Policy | |
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| Homeowners-3 Policy | |
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| Whole Life Policy | |
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| Disability Income Insurance Policy | |
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| Index | |