Troy State University Montgomery

Division of Business

Finance 3335 - Insurance

                                                                 

 

 

Instructor:  Dr. Michael A. S. Guth, Ph.D., J.D.

Office Hours: 9 AM – 12:00 noon Monday - Friday

Telephone: 865-483-8309

E-mail   mike @ michaelguth.com

Prerequisites: FIN 3331

Text: (Required) George E. Rejda, Principles of Risk Management and Insurance, 8th Ed., (Addison Wesley/Pearson Education, Inc., 2003), ISBN 0201785633

Course Credits: 3 semester hours

 

 

Course Description:  This course is a study of the risk management process, with an emphasis on insurance. 

 

Course Requirements : During the course, students will be required to post to the discussion board a report consisting of a short summary and commentary of an article on risk management or insurance from the Wall Street Journal.  Each week, students will be expected to post an average of three substantive comments to the discussion board.  Students are encouraged to comment on other students’ postings, and not limit themselves to replying only to the topics posted by the instructor.  There will be a quiz every week covering the material assigned for that week.  The weights for the final course grade are as follows:

 

                       

        Discussion Board Participation                 30%       Weekly + special WSJ reports

        Quizzes                                                        70%       Weekly

                       

                       

Evaluation Standards:

 

     A- 90% and above

     B- 80% to 89%

     C- 70% to 79%

     D- 60% to 69%

     F- Below   60%  

 

 

 

Wall Street Journal  Reports

 

A summary of an article in the WSJ will be required of each student once or twice during the course.  These reports must be posted to the discussion board no later than Thursday of that week.  The summary should be one-half to one page, double-spaced.

 

    

Course Objectives

 

After completing this course, students should have a thorough knowledge of:

 

 

 

Course Schedule

 

Week 1

Chapter 1:  Risk in Our Society

Chapter 2:  Insurance and Risk

Chapter 3:  Introduction to Risk Management

Chapter 4:  Advanced Topics is Risk Management

Post three substantive comments to the discussion board.  Complete the quiz for Week 1 by Sunday.

 

 

Week 2

Chapter 5:  Fundamental Legal Principles

Chapter 6:   Analysis of Insurance Contracts

Chapter 7:  The Liability Risk

Post three substantive comments to the discussion board.  Complete the quiz for Week 2 by Sunday. 

 

 

Week 3

Chapter 8:  Homeowner’s Insurance, Section I

Chapter 9:  Homeowner’s Insurance, Section II

Chapter 10:  Automobile Insurance

Post three substantive comments to the discussion board.  Complete the quiz for Week 3 by Sunday. 

 

 

Week 4

Chapter 11:  Automobile Insurance and Society

Chapter 12:  Other Property and Liability Insurance Coverages

Chapter 13:  Commercial Property Insurance

Post three substantive comments to the discussion board.  Complete the quiz for Week 4 by Sunday. 

 

 

Week 5

Chapter 14:  Commercial Liability Insurance

Chapter 16:  Fundamentals of Life Insurance

Chapter 18:  Life Insurance Contractual Provisions

Post three substantive comments to the discussion board.  Complete the quiz for Week 5 by Sunday. 

 

 

Week 6

Chapter 21:  Individual Health and Disability-Income Insurance

Chapter 22:  Employee Benefits:  Group Life and Health Insurance

Chapter 23:  Employee Benefits:  Retirement Plans

Post three substantive comments to the discussion board.  Complete the quiz for Week 6 by Sunday. 

 

 

Week 7

Chapter 25:  Types of Insurers and Marketing Systems

Chapter 26:  Insurance Company Operations

Post three substantive comments to the discussion board.  Complete the quiz for Week 7 by Sunday. 

 

 

Week 8

Chapter 27:  Insurance Pricing

Chapter 28:  Government Regulation of Insurance

Post three substantive comments to the discussion board.  Complete the quiz for Week 8 by Saturday (last week of class). 

 



MICHAEL A. S. GUTH, Ph.D., J.D.
Professor of Financial Economics and Law
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(E-mail is quickest method of contact).
  116 Oklahoma Ave.
  Oak Ridge, TN
  37830-8604
  Phone: (865) 483-8309

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