Insurance Organizations and Business
This course provides an introduction to the different forms of insurance organizations, governance, business methods, insurance and reinsurance, and overall regulation of the insurance industry. Included is a study of legal requirements for the organization of insurance companies, capital formation, operations and liquidation. The course emphasizes the legal considerations in product development specifically including financial service products and marketing insurance in traditional and emerging methods. Financial and statutory accounting requirements are reviewed and compared to generally accepted accounting principles. Consideration is also given to alternatives to insurance, their regulation and their business role.
|Course #:||LAW 806|
|Area of Study:||Financial Services Law and Compliance|