Summary |
The text begins with a discussion of the three separate aspects of insurance, that is, insurance as a transfer technique, a business, and a contract, Chapter 2 discusses the various providers of insurance and regulation of the insurance business. Chapters 3 through 6 provide more detail about the business aspect of insurance by examining insurance marketing, underwriting, claims adjusting, and the financial performance of insurers.
Chapter 7 discusses risk management.
Chapters 8 through 12 examine insurance as a contract. The discussion in Chapter 8 deals with insurance policies in general and leads into the more detailed discussions of property and liability loss exposures and policy provisions in the remaining chapters.
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