OPERATIONS & REGULATION-Online

Catalog description

This is a required course for the insurance and risk management major (except for the Personal Financial Planning Track) and an elective for the minor. This course is designed as an overview of insurance company operations and regulation of the insurance industry. Emphasis will be upon regulation, distribution systems, property and liability insurance underwriting, loss control, premium auditing, reinsurance, ratemaking principles and process, insurer financial management, and property and liability claims adjusting. Prerequisites: INSU 3324 and INSU 3320, or permission of the instructor.