Spring 2025 – HCMI 3221: Risk Management and Insurance

HCMI 3221: Risk Management and Insurance
Sprign 2025 MW 11:00-12:15 BUSN 204
Instructor: Shane Murphy; Email: shane@uconn.edu; Website: https://shane-murphy.uconn.edu/; Office: BUSN 460
Office Hours: TBD and by appointment

Materials including the syllabus can be found on HuskyCT

On this page you can find a calendar which includes links to materials from each week and lists the weeks readings. Homework assignments are to do a reading response for one of the readings and are listed on HuskyCT. Material about the midterm, final, and paper are also on HuskyCT.

Optional book: McNamara, Michael and Rejda, George. Principles of Risk Management and Insurance (I have 14th edition, 2022)

Course Schedule:

(for off campus access, you may need to use the UConn VPN)
January 22:Intro, defining Risk (slides)
* (Optional) M&R Chapter 1

August 29:More Risk definitions (slides)
* (Optional) M&R Chapter 1

September 3: Economic and probability foundations of risk and insurance (slides)
* (Optional) M&R Chapter 2

September 5: Economic and probability foundations of risk and insurance (slides)
* (Optional) M&R Chapter 2

September 10: First steps in the risk management process (slides)
* (Optional) M&R Chapter 3

September 12: Insurance markets (slides)
* (Optional) M&R Chapter 5

September 17: Insurance Company Operations (slides)

September 19: Insurance Company Balance Sheets (slides)

September 24: Regulation (slides)

September 26: Legal principles (slides)

October 1: Components of Insurance Contract (slides)

October 3: Disaster (slides)

October 8: Risk adjustment and PReP (slides)

October 10: Midterm review

October 15: Midterm

October 17: History of life insurance (slides)

October 22: Midterm review

October 24: Life Insurance (slides)

October 29: Life Insurance (slides)

October 31: Business Insurance (slides)

November 7: Health Insurance (slides)

November 12: Social Insurance

November 14: Health Insurance (slides)

November 19: Guest lecture – Captive Insurers and Commercial Insurance

November 21: Commercial Insurance (slides)

December 3: Homeowners and Auto Insurance

December 5: