FIN 455 - Insurance and the Law

Institution:

Jacksonville University

Subject:

Description:

Three hours per week. Prerequisite: FIN 301 The course examines legal issues arising from insurance operations and from the issuance of an insurance policy as a legal contract. The various legal exposures associated with the Insurer, the Agent/Broker and the Claims Handler as well as Insured are presented and management of the exposure examined. FIN 460. Risk Quantification & Financing (3) Three hours per week. Prerequisite: FIN 301. This course examines the process for identifying and quantifying insurable risk. Various models used for quantifying risks (catastrophic, high frequency/low severity) are examined along with the underwriting models for determining the cost and value of the risk to an insurer. Risk management tools and strategy are examined in context of reducing risk and minimizing cost.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.jacksonville.edu

Phone Number:

(904) 256-8000

Regional Accreditation:

Southern Association of Colleges and Schools

Calendar System:

Semester

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