Emeritus - Non-teaching | Risk and Insurance
5110A Grainger Hall
(608) 255-7612

Biography

Emeritus Leslie P. Schultz Professor of Risk Management and Insurance, Department of Risk and Insurance at the Wisconsin School of Business and Emeritus Professor, Nelson Institute for Environment Studies, University of Wisconsin-Madison. B.A. (1965) Yale University; M.B.A. (1967) and Ph.D. (1970) University of Wisconsin-Madison; CPCU (1971).

Author of recently published book entitled Corporate Survival: The Critical Importance of Sustainability Risk Management. Author of over 100 professional articles, monographs and book chapters. Presented papers at numerous professional meetings and invited speaker before numerous groups. Major research interests and areas of expertise include government insurance programs, catastrophe insurance, liability risk management, analysis of insurance company insolvencies, financing asbestos liabilities and Superfund/hazardous waste liabilities, and sustainability risk management.

Served for 17 years as the Chair of the Risk and Insurance Department at the University of Wisconsin. Over the last decade, has led the development of sustainability management and environmental strategy courses and programs in the Wisconsin School of Business. Recipient of Ford Foundation, National Science Foundation, Spencer Education Foundation and National Association of Insurance Commissioners Research Grants. Three times designated Loman Research Fellow by the Harry J. Loman Foundation. Recipient of Larson Excellence in Teaching Award, Gaumnitz Distinguished Faculty Award, and the Insurance Educator of the Year Award. Winner of Society of Insurance Research Competition and the Shin Research Excellence Awards. Recipient of Journal of Risk and Insurance Award. Past President, Board of Directors, and various committees for the American Risk and Insurance Association, the leading professional organization of professors of risk and insurance, and publisher of the leading professional journal, the Journal of Risk and Insurance. Past Vice President, Board of Directors, and Chair of Research Committee of the International Insurance Society. Consultant on various projects.

Research

Selected Published Journal Articles

Anderson, D. (2005). Managing Sustainability Risks is Critical Business Insurance

Anderson, D. (2004). All Risks Rating Within a Catastrophe Insurance System The International Library of Critical Writings in Economics 178, The Economics of Natural Hazards

Anderson, D. (2004). Global Warming/Climate Change: Implications for the Risk Management and Insurance Industry," The Institute of Chartered Financial Analysts of India (ICFAI), Journal of Risk and Insurance

Anderson, D. (2003). Global Warming/Climate Change: Implications for the Risk Management and Insurance Industry CPCU Journal

Anderson, D. (2003). Global Warming/Climate Change: Implications for the Risk Management and Insurance Industry, CPCU Journal

Anderson, D. (2002). Environmental Risk Management: A Critical Part of Corporate Strategy The Geneva Papers on Risk and Insurance - Theory

Anderson, D. (2001). Biotechnology Risk Management: The Case of Genetically Modified Organisms (GMOs), CPCU Journal

Anderson, D. (2000). Catastrophe Insurance and Compensation: Remembering Basic Principles CPCU Journal

Anderson, D. (2000). Developing Liability Risks and Insurance ? Regulatory Impacts and Responses ? Over the 20th Century Journal of Insurance Regulation

Anderson, D. (1999). Expanding Environmental Risk Management Risk Management

Anderson, D. (1999). Incorporating Risk Management Into Environmental Management Systems CPCU Journal

Anderson, D. (1998). Environmental Insurance Markets: Development and Strategies for Growth Creating Success in a Global Marketplace - Seminar Proceedings

Anderson, D. (1998). Development of Environmental Liability Risk Management and Insurance in the United States: Lessons and Opportunities Risk Management and Insurance Review

Anderson, D. (1998). ACE, XL, Mid Ocean and MRM: Development and Future Challenges of Four Key Organizations in the Bermuda Market Assurances Quarterly Review

Anderson, D. (1997). Environmental Liability Risk Management and Insurance Proceedings of Samsung International Symposium

Browne, M. & Anderson, D. (1996). Managed Care in Workers Compensation CPCU Journal

Kim, Y. & Anderson, D. & Amburgey, T. & Hickman, J. (1995). The Use of Event History Analysis to Examine Insurer Insolvencies Journal of Risk and Insurance

Anderson, D. (1994). Insurance Coverage Litigation and the Financial Impact of Superfund-Mandated Hazardous Waste Liabilities on the Insurance Industry Journal of Insurance Regulation

Anderson, D. (1992). A New Regulatory Approach to Prevent Insurance Company Insolvencies Research Review

Anderson, D. (1989). Financing Liabilities Under Superfund Risk Analysis

Anderson, D. (1989). Property Damage Liability Coverage for Asbestos Removal and Hazardous Waste Cleanup Costs CPCU Journal

Anderson, D. (1988). Causal Factors Associated with Property-Liability Insurance Company Insolvencies Journal of Insurance Regulation

Anderson, D. (1987). Financing Asbestos Claims: Coverage Issues, Manville's Bankruptcy and the Claims Facility Journal of Risk and Insurance

Anderson, D. & Weinrobe, M. (1986). Insurance Implications of Mortgage Default Risks Associated with Natural Disasters Journal of Risk and Insurance

Anderson, D. & Queoff, P. & Ewert, J. & Johnson, M. (1986). Recovery from the Barneveld Tornado CPCU Journal

Anderson, D. & Weinrobe, M. (1986). Mortgage Default Risks and the 1971 San Fernando Earthquake Journal of the American Real Estate and Urban Economics Association

Anderson, D. (1984). 1983 Presidential Address Journal of Risk and Insurance

Anderson, D. (1982). Treating the Occupational Disease Exposure Risk Management

Anderson, D. (1979). Risk Management of Jumbo Risks The Journal of Insurance Issues and Practices

Anderson, D. (1978). Limits on Liability: The Price-Anderson Act Versus Other Laws Journal of Risk and Insurance

Anderson, D. (1978). The Price-Anderson Act Declared Unconstitutional: The Decision and Its Effect on Nuclear Power Journal of Business Research

Anderson, D. (1977). The Price-Anderson Act: Its Importance in the Development of Nuclear Power CPCU Annals

Anderson, D. (1976). All Risks Rating Within a Catastrophe Insurance System Journal of Risk and Insurance

Anderson, D. & Fetters, M. (1976). State Insurance Examiners' Reactions to Forecasted Financial Data: Some Implications for Accountants Massachusetts CPA Review

Anderson, D. (1975). The Unprotected Catastrophe: Nuclear Accidents and the Price-Anderson Act Risk Management

Anderson, D. (1975). Development of the Principal Elements of a Comprehensive Catastrophe Insurance System CPCU Annals

Anderson, D. & Nevin, J. (1975). Determinants of Young Marrieds' Life Insurance Purchasing Behavior: An Empirical Investigation Journal of Risk and Insurance

Anderson, D. & Fetters, M. (1975). An Empirical Analysis of State Examiners' Reactions to Loss Reserving Patterns Journal of Risk and Insurance

Anderson, D. (1974). The National Flood Insurance Program-Problems and Potential Journal of Risk and Insurance

Anderson, D. (1974). An Analysis of Federal Catastrophe Insurance Programs CPCU Annals

Anderson, D. (1974). The Ruin Problem in Multiple-Line Insurance Journal of Risk and Insurance

Anderson, D. (1974). Are Federal Insurance Programs Working? Risk Management

Anderson, D. (1973). Risk Management, Insurance and Actuarial Science in the Changing Curriculum Journal of Risk and Insurance

Anderson, D. (1972). What Role Will the Insurance Industry Play in the Fight Against Pollution CPCU Annals

Anderson, D. (1971). Effects of Under- and Overevaluations in Loss Reserves Journal of Risk and Insurance

Practitioner-Oriented Publications

Eggert, T. & Anderson, D. & Meissen, R. & Sandborg, V. (2004). Partners In Learning: How A Business School And A Company Worked Together To Advance Sustainability

Presentations

Symposium on Environmental Risk and Insurance Management (2007) Sustainability, Environmental and Social Risk Management

Wisconsin Risk Management Conference (2007) Sustainability Risk Management

Center for Sustainability and the GLobal Environment Seminar Series (2007) Sustainability Risk Management

Geology and Environmental Science Seminar Series (2007) Sustainability Risk Management

LaFollette School of Public Affairs Seminar Series (2007) Sustainability Risk Management

CPCU Society (2007) Sustaining Profitability through Enterprise Risk Management and Interprise Performance Management

American Risk and Insurance Association (2007) Sustainability Risk Management

CPCU Society - Milwaukee Chapter (2007) Corporate Survival: The Critical Importance of Sustainability Risk Management

Risk and Insurance Management Society (RIMS) (2007) Sustainability Risk Management as a Critical Component of ERM

Targeted Speaker Series (2007) Global Warming from a Business Perspective: Can Climate Policy Work?

Climate Change Seminar (2007) Sustainability Risk Management

American Bar Association Insurance Coverage Litigation Seminar (2007) Sustainability Risk Management: The Role of Insurance in Keeping a Corporation Alive

ASRMI Seminar (2007) Sustainability Risk Management

Liability Regimes Conference (2006) Liability Risks associated with Global Warming and Climate Change

Climate Change Forum (2006) Climate Change Risks

British Ambassador to the United States (2006) Applying Sustainability Risk Management Strategies to Climate Change Risks

WORT Radio Interview (2006) Flood versus Windstorm Damage from Hurricane Katrina

International Insurance Foundation (2006) Sustainability Risk Management

International Insurance Regulations (2006) International Sustainability Regulations and Risks

Environmental Seminar (2006) Sustainability Risk Management

"Marketplace" Radio Interview (2006) Risk Financing Following Hurricane Katrina

Enterprise Risk Management (2006) Sustainability Risk Management

CPCU Society - Milwaukee Chapter (2006) Corporate Survival: The Critical Importance of Sustainability Risk Management

Take Back Our Future Earth Day Teach In (2006) Corporate Risk Management Strategies for Climate Change and Other Sustainability Concerns

Climate Change Seminar (2006) Sustainability Risk Management

(2003) Major Trends and Developments in Risk and Insurance Markets

(2003) Risk and Insurance Implications of World Trade Center Attacks

(2002) Environmental Risk Management and Corporate Strategies

(2002) The Impact and Implications of the World Trade Center Attacks on World Insurance Markets

(2002) A Risk Managment and Insurance Perspective on the 'New Terrorism'"

(2002) The Impact and Implications of the September 11 World Trade Center Attacks on Risk Management and Insurance Markets

Interdisciplinary Environmental Seminar (2002) Insurance and the Management of Risk: September 11 as Case Study of Unnatural Disaster

Teaching

Undergraduate Courses

Sustainble Envir&Soc Risk Mgmt (RMI 650), Spring 2009.

Sustainbl Envir&Soc Risk Mgmt (RMI 650), Spring 2010. Download Syllabus
The assessment, control, financing and management of risks deriving from pressures on and damages to the environment, workers and local/foreign communities. Risks include liability and directors and officers law suits, boycotts, regulations and competitors' actions.

Sustainability, Environmental and Social Risk Management (RMI 650), Spring 2007.
The assessment, control, financing and management of risks deriving from pressures on and damages to the environment, workers and local/foreign communities. Risks include liability and directors and officers law suits, boycotts, regulations and competitors' actions.

Life and Health Insurance (RMI 630), Fall 2006.
Determination of human life values and the conservation of those values through personal and business life and health insurance; a consumerist orientation that develops a scheme for rational buying behavior; analysis of contractual provisions; introduction to mathematics of life contingencies and pricing.

Life and Health Insurance (RMI 630), Fall 2008.
Determination of human life values and the conservation of those values through personal and business life and health insurance; a consumerist orientation that develops a scheme for rational buying behavior; analysis of contractual provisions; introduction to mathematics of life contingencies and pricing.

Life and Health Insurance (RSK 630), Fall 2001.
Determination of human life values and the conservation of those values through personal and business life and health insurance; a consumerist orientation that develops a scheme for rational buying behavior; analysis of contractual provisions; introduction to mathematics of life contingencies and pricing.

Life and Health Insurance (RSK 630), Fall 2002.
Determination of human life values and the conservation of those values through personal and business life and health insurance; a consumerist orientation that develops a scheme for rational buying behavior; analysis of contractual provisions; introduction to mathematics of life contingencies and pricing.

Life and Health Insurance (RSK 630), Fall 2004.
Determination of human life values and the conservation of those values through personal and business life and health insurance; a consumerist orientation that develops a scheme for rational buying behavior; analysis of contractual provisions; introduction to mathematics of life contingencies and pricing.

Liability Risk Management (RSK 615), Spring 2004.
Comprehensive analysis of economic services, benefits, rates and rating theory, loss adjustment problems, legal theory factors, risk management concepts, loss prevention and transfer techniques and government regulation of public liability insurance. Topics include: medical malpractice, no-fault auto insurance, professional liability, workers' compensation, products liability and pollution liability.

Liability Risk Management (RSK 615), Spring 2005.
Comprehensive analysis of economic services, benefits, rates and rating theory, loss adjustment problems, legal theory factors, risk management concepts, loss prevention and transfer techniques and government regulation of public liability insurance. Topics include: medical malpractice, no-fault auto insurance, professional liability, workers' compensation, products liability and pollution liability.

Liability Risk Management (RMI 615), Spring 2006.
Comprehensive analysis of economic services, benefits, rates and rating theory, loss adjustment problems, legal theory factors, risk management concepts, loss prevention and transfer techniques and government regulation of public liability insurance. Topics include: medical malpractice, no-fault auto insurance, professional liability, workers' compensation, products liability and pollution liability.

Liability Risk Management (RSK 615), Spring 2002.
Comprehensive analysis of economic services, benefits, rates and rating theory, loss adjustment problems, legal theory factors, risk management concepts, loss prevention and transfer techniques and government regulation of public liability insurance. Topics include: medical malpractice, no-fault auto insurance, professional liability, workers' compensation, products liability and pollution liability.

Liability Risk Management (RSK 615), Spring 2003.
Comprehensive analysis of economic services, benefits, rates and rating theory, loss adjustment problems, legal theory factors, risk management concepts, loss prevention and transfer techniques and government regulation of public liability insurance. Topics include: medical malpractice, no-fault auto insurance, professional liability, workers' compensation, products liability and pollution liability.

Liability Risk Management (RMI 615), Spring 2009.
Comprehensive analysis of economic services, benefits, rates and rating theory, loss adjustment problems, legal theory factors, risk management concepts, loss prevention and transfer techniques and government regulation of public liability insurance. Topics include: medical malpractice, no-fault auto insurance, professional liability, workers' compensation, products liability and pollution liability.

Liability Risk Management (RMI 615), Spring 2007.
Comprehensive analysis of economic services, benefits, rates and rating theory, loss adjustment problems, legal theory factors, risk management concepts, loss prevention and transfer techniques and government regulation of public liability insurance. Topics include: medical malpractice, no-fault auto insurance, professional liability, workers' compensation, products liability and pollution liability.

Graduate Courses

Seminar-Risk Management and Insurance (RSK 875), Spring 2002.
Continuation of Rsk 870.

Seminar-Risk Management and Insurance (RSK 875), Spring 2004.
Continuation of RMI 870.

Hybrid Courses

Practical Leadership in RMI and AcSci (RSK/RSK 765/365), Spring 2005.
A course for the exploration of subject areas possibly to be introduced into the business curriculum.

Practical Leadership in RMI and AcSci (RMI/RMI 365/765), Spring 2006.
A course for the exploration of subject areas possibly to be introduced into the business curriculum.

Practical Leadership in RMI and AcSci (RSK/RSK 365/765), Spring 2003.
A course for the exploration of subject areas possibly to be introduced into the business curriculum.

Practical Leadership in RMI and AcSci (RSK/RSK 365/765), Spring 2004.
Practical Leadership in RMI and AcSci

Learning/Teaching Oriented Publications

Anderson, D. (2007). Why Sustainability Risk Management Matters The John Liner Review

Anderson, D. (2007). Sustainability Risk Management as a Critical Component of Enterprise Risk Management: Global Warming - Climate Change Risks The Geneva Papers on Risk and Insurance Issues and Practices

Anderson, D. (2007). Corporate Survival: The Critical Importance of Sustainability Risk Management (Translated into Chinese)

Anderson, D. (2006). Will Global Warming Liability Risks Exceed Property Risks? Progress - Geneva Association Information Newsletter

Anderson, D. (2006). Sustainability Risk Management CPCU Journal

Anderson, D. (2006). What is Sustainability Risk Management ARIA News

Anderson, D. (2005). Corporate Survival: The Critical Importance of Sustainability Risk Management

Anderson, D. (1988). An Analysis of the Insurance Industry's Exposure to Hazardous Waste Liabilities Proceedings of the XXIV International Insurance Society