Fundamentals of Risk and Insurance

Fundamentals of Risk and Insurance, 10th Revised edition--------------------------------------------------This classic book presents a thorough and comprehensive introductionto the field of insurance while emphasizing the consumer. The new TenthEdition first examines the concept of risk, the nature of the insurancedevice, and the principles of risk management. It then discusses thetraditional fields of life and health insurance as solutions to therisks connected with the loss of income. And it deals with the risksassociated with the ownership of property and legal liability.--------------------------------------------------Author Biography: Dr. Emmett J. Vaughan was a professor at the Universityof Iowa in the Tippie College of Business. For 20 years he servedas the editor of the Agency Mangement Manual, Dr. Vaughan also servedas a consultant to the US Department of Labor Therese M. Vaughanis the Robb B. Kelley Distinguished Professor of Insurance and ActuarialScience at Drake University. Prior to joining Drake, she served asIowa Insurance Commissioner for over 10 years and as President of theNational Association of Insurance Commissioners.