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