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

January 27:More Risk definitions (slides)
* (Optional) M&R Chapter 1

January 29: Economic and probability foundations of risk and insurance (slides)
* (Optional) M&R Chapter 2

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

February 5: First steps in the risk management process (slides)
* (Optional) M&R Chapter 3

February 10: Insurance markets (slides)
* (Optional) M&R Chapter 5

February 12: Insurance Company Operations (slides)

February 17: Insurance Company Balance Sheets (slides)

February 19: Regulation (slides)

February 24: Legal principles (slides)

February 26: Components of Insurance Contract (slides)

March 3: Disaster (slides)

March 5: Risk adjustment and PReP (slides)

March 10: Midterm review

March 12: Midterm

March 24: History of life insurance (slides)

March 26: Midterm review

March 31: Life Insurance (slides)

April 2: Life Insurance (slides)

April 4: Business Insurance (slides)

April 7: Health Insurance (slides)

April 9: Social Insurance

April 14: Health Insurance (slides)

April 16: Guest lecture – Captive Insurers and Commercial Insurance

April 21: Commercial Insurance (slides)

April 23: Homeowners and Auto Insurance

April 28:

April 30: