VITA
DAN R. ANDERSON
Emeritus Professor of Risk Management and Insurance
University of Wisconsin-Madison
August 2014
I.
II.
PERSONAL INFORMATION
Mailing Address:
School of Business
University of Wisconsin
975 University Avenue
Madison, WI 53706
Home Address:
1521 Vilas Ave.
Madison, WI 53711
danderson@bus.wisc.edu
(608) 255-7612
(608) 265-4195
EDUCATIONAL BACKGROUND
Major
Degree
Year
Granted
College Prep
Diploma
1961
Yale University
New Haven, Connecticut
American
Studies
B.A.
1965
University of Wisconsin
Madison, Wisconsin
Risk and
Insurance
M.B.A.
1967
University of Wisconsin
Madison, Wisconsin
Risk and
Insurance
Ph.D.
1970
School Attended
DeKalb Senior High School
DeKalb, Illinois
Title of Thesis:
III.
Email:
Phone:
FAX:
"An Analysis of the Effects of Under-evaluations and Over-evaluations in Loss Reserves, Relative
To Those of Underwriting Results and Variable Asset Values, Upon Policyholders' Surplus"
TEACHING POSITIONS HELD
University of Wisconsin-Madison School of Business
Teaching Assistant (Risk Management and Insurance)
Lecturer (Risk Management and Insurance)
Assistant Professor (Risk Management and Insurance)
Associate Professor (Risk Management and Insurance)
Professor (Risk Management and Insurance)
Leslie P. Schultz Professor of Risk Management and Insurance
Professor – Nelson Institute of Environmental Studies
Emeritus Professor (Risk Management and Insurance)
Emeritus Professor (Nelson Institute of Environmental Studies)
1967-1969
1969-1970
1970-1975
1975-1980
1980-2009
1990-2009
1995-2009
2009-Present
2009-Present
San Diego State University School of Business Administration
Visiting Associate Professor (Risk Management and Insurance)
1978-1979
The College of Insurance - New York
Visiting Professor (Risk Management and Insurance)
1996-1997
1
IV.
RESEARCH
Refereed Articles in Professional Journals
 Dan R. Anderson, "Effects of Under- and Overevaluations in Loss Reserves," Journal of Risk and Insurance, Volume XXXVIII,
No. 4, December 1971, 16 pages.
 Dan R. Anderson, "What Role Will the Insurance Industry Play in the Fight Against Pollution," CPCU Annals, Volume 25, No. 1,
March 1972, 11 pages.
 Dan R. Anderson, "Risk Management, Insurance and Actuarial Science in the Changing Curriculum," Journal of Risk and
Insurance, Curricular Concepts Section, Volume XL, No. 2, June 1973, 7 pages.
 Dan R. Anderson, "The Ruin Problem in Multiple-Line Insurance," by Hofflander and Duvall--A comment, Journal of Risk and
Insurance, Volume XLI, No. 1, March 1974, 4 pages.
 Dan R. Anderson, "Are Federal Insurance Programs Working?" Risk Management, January 1974, 5 pages.
 Dan R. Anderson, "An Analysis of Federal Catastrophe Insurance Programs," CPCU Annals, Volume 27, No. 3, September
1974, 10 pages.
 Dan R. Anderson, "The National Flood Insurance Program-Problems and Potential," Journal of Risk and Insurance, Volume XLI,
No. 4, December 1974, 21 pages.
 Dan R. Anderson & Michael Fetters, "An Empirical Analysis of State Examiners' Reactions to Loss Reserving Patterns," Journal
of Risk and Insurance, Volume XLII, No. 2, June 1975, 20 pages.
 Dan R. Anderson & John R. Nevin, "Determinants of Young Marrieds' Life Insurance Purchasing Behavior: An Empirical
Investigation," Journal of Risk and Insurance, Volume XLII, No. 3, September 1975, 15 pages.
 Dan R. Anderson, "Development of the Principal Elements of a Comprehensive Catastrophe Insurance System" CPCU Annals,
Volume 28, No. 3, September 1975, 15 pages.
 Dan R. Anderson, "The Unprotected Catastrophe: Nuclear Accidents and the Price-Anderson Act," Risk Management,
November 1975, 8 pages.
 Dan R. Anderson & Michael Fetters, "State Insurance Examiners' Reactions to Forecasted Financial Data: Some Implications for
Accountants," Massachusetts CPA Review, Volume 50, No. 3, May-June 1976, 3 pages.
 Dan R. Anderson, "All Risks Rating Within a Catastrophe Insurance System," Journal of Risk and Insurance, Volume XLIII, No.
4, December 1976, 23 pages.
 Dan R. Anderson, "The Price-Anderson Act: Its Importance in the Development of Nuclear Power." CPCU Annals, Volume 30,
No. 4, December 1977, 12 pages.
 Dan R. Anderson, "The Price-Anderson Act Declared Unconstitutional: The Decision and Its Effect on Nuclear Power," Journal
of Business Research, Volume VI, No. 4, December 1978, 16 pages.
 Dan R. Anderson, "Limits on Liability: The Price-Anderson Act Versus Other Laws," Journal of Risk and Insurance, Volume XLV,
No. 4, December 1978, 24 pages.
 Dan R. Anderson, "Risk Management of Jumbo Risks," The Journal of Insurance Issues and Practices, Volume 2, No. 3, Spring
1979, 6 pages.
 Dan R. Anderson, "Treating the Occupational Disease Exposure," Risk Management, January 1982, 8 pages.
 Dan R. Anderson, "1983 Presidential Address," Journal of Risk and Insurance, Volume LI, No. 1, March 1984, 7 pages.
 Dan R. Anderson & Maurice Weinrobe, "Mortgage Default Risks Associated with Earthquakes and Other Natural Disasters,"
Proceedings of the XX International Insurance Seminar, June 1984, 9 pages. Reprinted in Research Review, March 1985.
 Dan R. Anderson & Maurice Weinrobe, "Mortgage Default Risks and the 1971 San Fernando Earthquake," Journal of the
American Real Estate and Urban Economics Association, Volume 14, No. 1, Spring 1986, 26 pages.
 Dan R. Anderson, Roger A. Formisano, Pamela Queoff, John Ewert, & Mark Johnson, "Recovery from the Barneveld Tornado,"
CPCU Journal, Volume 39, No. 2, June 1986, 11 pages.
 Dan R. Anderson & Maurice Weinrobe, "Insurance Implications of Mortgage Default Risks Associated with Natural Disasters,"
Journal of Risk and Insurance, Volume LIII, No. 3, September 1986, 13 pages.
 Joan T. Schmit & Dan R. Anderson, "Creating a Limited Liability System for Losses Due to Hazardous Waste," The Journal of
Insurance Issues and Practices, Vol. X, No. 2, June 1987, 19 pages.
 Dan R. Anderson, "Financing Asbestos Claims: Coverage Issues, Manville's Bankruptcy and the Claims Facility," Journal of Risk
and Insurance, Vol. LIV, No. 3, September 1987, 23 pages.
 Dan R. Anderson & Roger A. Formisano, "Causal Factors Associated with Property-Liability Insurance Company Insolvencies,"
Journal of Insurance Regulation, June 1988, 8 pages.
 Dan R. Anderson, "An Analysis of the Insurance Industry's Exposure to Hazardous Waste Liabilities," Proceedings of the XXIV
International Insurance Society, July 1988, 23 pages. Reprinted in Risk Management Reports, Risk Planning Group-Tillinghast,
Volume XV, No. 4, 1988. Reprinted in The John Liner Review, Volume 3, No.1, Spring, 1989. Reprinted in The Executive
Quarterly, ADP, Spring 1989.
 Dan R. Anderson, "Property Damage Liability Coverage for Asbestos Removal and Hazardous Waste Cleanup Costs," CPCU
Journal, Volume 42, No. 1, March 1989, 20 pages.
 Dan R. Anderson, "Financing Liabilities Under Superfund," Risk Analysis, Vol. 9, No. 3, 1989, 11 pages.
 Joan T. Schmit, Dan R. Anderson, and Timothy Oleszczuk, "An Analysis of Litigation Claiming Joint and Several Liability,"
Journal of Risk and Insurance, Vol. LVIII, No. 3, September 1991, 21 pages.
 Dan R. Anderson, "A New Regulatory Approach to Prevent Insurance Company Insolvencies," Research Review, Journal of the
Society of Insurance Research, Vol. V, No. 3, December 1992, 19 pages.
 Dan R. Anderson, "Insurance Coverage Litigation and the Financial Impact of Superfund-Mandated Hazardous Waste Liabilities
on the Insurance Industry," Journal of Insurance Regulation, Vol. 13, No. 1, Fall 1994, 44 pages.
2


























Yong-Duck Kim, Dan R. Anderson, Terry L. Amburgey, and James C. Hickman, "The Use of Event History Analysis to Examine
Insurer Insolvencies," Journal of Risk and Insurance, Vol. LXII, No. 1, March, 1995, 17 pages.
Dan R. Anderson, “Financial and Organizational Impact of Superfund-Mandated Hazardous Waste Liabilities on the Insurance
Industry,” CPCU Journal, Vol. 49, No. 1, Spring 1996, 18 pages.
Mark J. Browne and Dan R. Anderson, “Managed Care in Workers Compensation,” CPCU Journal, Vol. 49, No. 3, Fall 1996, 14
pages.
Dan R. Anderson, “ACE, XL, Mid Ocean and MRM: Development and Future Challenges of Four Key Organizations in the
Bermuda Market,” New York: The College of Insurance, 38 pages, Spring 1997.
Dan R. Anderson, “Environmental Liability Risk Management and Insurance,” Proceedings of Samsung International
Symposium, pp. (2)1-(2)41, August, 1997.
Dan R. Anderson, “ACE, XL, Mid Ocean and MRM: Development and Future Challenges of Four Key Organizations in the
Bermuda Market,” invited for publication in the refereed journal, Assurances Quarterly Review, published by École des Hautes
Études Commerciales, Montréal, Québec, No. 4, January 1998, pp. 467-491.
Dan R. Anderson, “Development of Environmental Liability Risk Management and Insurance in the United States: Lessons and
Opportunities,” Risk Management and Insurance Review, Summer 1998, Vol. 2, No. 1, pp. 1-23.
Dan R. Anderson, “Environmental Insurance Markets: Development and Strategies for Growth,” Creating Success in a Global
Marketplace - Seminar Proceedings, New York: International Insurance Society, 1998. Reprinted in European Insurance Market,
England, 1998, pp. 131-160.
Dan R. Anderson, “Incorporating Risk Management Into Environmental Management Systems,” CPCU Journal, Vol. 52, No. 2,
Summer, 1999, pp. 115-124.
Dan R. Anderson, “Expanding Environmental Risk Management,” Risk Management, Vol. 46, No. 7, July, 1999, pp. 21-28.
Dan R. Anderson, “Catastrophe Insurance and Compensation: Remembering Basic Principles,” CPCU Journal, Vol. 53, No. 2,
Summer, 2000, pp. 76-89.
Dan R. Anderson, “Developing Liability Risks and Insurance – Regulatory Impacts and Responses – Over the 20th Century,”
Journal of Insurance Regulation, Vol. 19, No. 2, Winter 2000, pp. 323-345.
Dan R. Anderson, “Biotechnology Risk Management: The Case of Genetically Modified Organisms (GMOs),” CPCU Journal, Vol.
54, No. 4, Winter 2001, pp. 215-230.
Dan R. Anderson, “Environmental Risk Management: A Critical Part of Corporate Strategy,” The Geneva Papers on Risk and
Insurance, Vol. 27, No. 2, April 2002, pp. 150-180.
Dan R. Anderson, “Global Warming/Climate Change: Implications for the Risk Management and Insurance Industry,” CPCU
Journal, Vol. 56, No. 1, January 2003, pp. 1-14.
Dan R. Anderson, “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, Vol. 1, No. 1, October 2004.
Dan R. Anderson, “All Risks Rating Within a Catastrophe Insurance System,” The International Library of Critical Writings in
Economics 178, The Economics of Natural Hazards, Vol. II, 2004, pp. 629-651. (Please note this is a requested reprint of an
article that was accepted in 1975).
Dan R. Anderson, “Managing Sustainability Risks is Critical,” Business Insurance, November 14, 2005, pp. 38-40.
Dan R. Anderson, “The Critical Importance of Sustainability Risk Management,” Risk Management, pp. 66-74, April 2006.
Dan R. Anderson, ”Sustainability Risk Management,” CPCU Journal, Vol. 59, No. 5, pp. 1-17, May 2006.
Dan R. Anderson, “Will Global Warming Liability Risks Exceed Property Risks?” Progress – Geneva Association Information
Newsletter, No. 44, pp. 2-3, December 2006. (Invited) (Accepted in 2006)
Dan R. Anderson, “What is Sustainability Risk Management,” ARIA News, pp. 5-6, Spring 2006. (Invited) (Accepted in 2006)
Dan R. Anderson, “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, July 2007.
Dan R. Anderson, “Why Sustainability Risk Management Matters,” The John Liner Review, Vol. 20, No. 4, Winter 2007.
Dan R. Anderson and Kenneth E. Anderson, “Sustainability Risk Management,” Risk Management and Insurance Review, Vol.
12, No. 1, 2009, pp. 25-38.
Dan R. Anderson, “Dealing with Climate Change: Mainly Adaptation, with Little Mitigation, But That Is Not Enough”, CAS EForum, Winter 2014.
Monographs
 Dan R. Anderson, Effects of Loss Reserve Evaluations Upon Policyholders' Surplus, Bureau of Business Research and Service,
University of Wisconsin-Madison, April 1973, 151 pages.
 Dan R. Anderson, Minority Enterprise Development Program: Experiences During the Third Year, Bureau of Business Research
and Service, University of Wisconsin-Madison, April 1973, 162 pages.
 Dan R. Anderson, Minority Enterprise Development Program: Experiences During the Fourth Year, Bureau of Business
Research and Service, University of Wisconsin-Madison, July 1973, 225 pages.
 Dan R. Anderson & Maurice Weinrobe, The Effects of a Natural Disaster on Local Mortgage Markets: The Pearl River Flood in
Jackson, Mississippi, April 1979. Natural Hazards Research and Application Center, University of Colorado, Boulder,
September, 1980, 51 pages.
 Arthur A. Atkisson, William J. Petak, & Dan R. Anderson, Problems and Issues Associated with Use of Insurance Systems to
Mitigate the Impact of Future Earthquake Losses Within the United States, (Washington, D.C.: Federal Insurance Administration,
1980), 89 pages.
3





Dan R. Anderson, William J. Petak, & Carl E. Widell, Current Insurance Industry Practices Concerning Earthquake Insurance
Practices, (Washington, D.C.: Federal Insurance Administration, 1981), 195 pages.
Dan R. Anderson & Maurice Weinrobe, Mortgage Default Risks Associated with Earthquakes: An Analysis Based on the 1971
San Fernando Earthquake, (Washington, D.C.: National Technical Information Service, 1986, 160 pages.
Dan R. Anderson & other Task Force Members (25 individuals), Final Report of the Special Task Force on Property and Casualty
Insurance, Madison: Office of the Insurance Commissioner of Wisconsin, August 1986, 58 pages. Reprinted in the Journal of
Insurance Regulation, September 1987, December 1987, March 1988.
Dan R. Anderson, Roger Formisano, Joan T. Schmit, Competition in the Wisconsin Insurance Industry, (Madison, WI: Wisconsin
Insurance Alliance) August 1989, 85 pages.
Dan R. Anderson, “ACE, XL, Mid Ocean and MRM: Development and Future Challenges of Four Key Organizations in the
Bermuda Market,” The College of Insurance, 38 pages, Spring 1997.
Books and Chapters in Books
 Dan R. Anderson, "Adjusting Patterns in Risk Management and Insurance: Response to Changing Energy Related Risks,"
Chapter in a book entitled Future of Risk, Risk Studies Foundation (New York), 1978, 28 pages.
 Dan R. Anderson, Liabilities and Policyholders' Surplus," and "Revenue and Expenses." Chapters in book entitled PropertyLiability Insurance Accounting and Finance by Cormick L. Breslin and Terrie E. Troxel, American Institute for Property and
Liability Underwriters (Malvern, Pennsylvania), 1978, 100 pages.
 Dan R. Anderson, Developing a Crisis Management Plan for Banks, American Bankers Association (Washington, D. C.), 1979,
44 pages.
 Dan R. Anderson, "Insurance" World Book Encyclopedia, World Book (Chicago, Illinois) 1983, 12 pages.
 Felix A. Kloman, Dan R. Anderson, Donald T. Browne, Harold H. Heins, Dan C. Jorgensen, John Lastavica, Ralph S. Perry,
Wayne Sawyer, & Thomas M. Sullivan, "The Role of Financial Institutions in the Insurance Marketplace," Issues in Risk and
Insurance (New York: Risk and Insurance Management Society) 1983, 25 pages.
 Dan R. Anderson, "Insurance Industry's Liability for Financing Superfund-Mandated Hazardous Waste Cleanup Costs," Site
Auditing: Environmental Assessment of Property, Vancouver, B.C.: Specialty Technical Publishers, Inc., 1992, 18 pages.
 Dan R. Anderson, "Government Risk-Bearing: What Works and What Doesn't - Commentary," Government Risk Bearing, Edited
by Mark S. Sniderman, Boston/Dordrecht/London: Kluwer Academic Publishers, 1992, 5 pages.
 Eggert, Esq., Thomas L., Dan Anderson, Ronald Meissen and Verie Sandborg, “Partners in Learning: How a Business School
and a Company Worked Together to Advance Sustainability,” Teaching Business Sustainability, Chris Galea, Editor, Greenleaf
Publishing, 2004.
 Dan R. Anderson, Corporate Survival: The Critical Importance of Sustainability Risk Management, New York: iUniverse
Publishing, 2005.
Other Publications
 Dan R. Anderson, "Insurance to Cover the Liability Exposures Associated with Snowmobiling," Recreation Resource Center for
the State of Wisconsin, August 1971, 5 pages.
 Dan R. Anderson & Gary Bausom, "The Risk Management Problems Associated with the Sterling Hall bombing," Business
Insurance, October 11, 1971, 4 pages.
 Dan R. Anderson, Revision of Study Guide--Principles of Risk Management, prepared for University of Wisconsin Extension,
December 1971, 199 pages, December 1978, 220 pages.
 Dan R. Anderson, "What Role Will the Insurance Industry Play in the Fight Against Pollution?" International Insurance
Information, November 19, 1972, Tokyo, Japan: reprinted from CPCU Annals, March 1972, 24 pages.
 Dan R. Anderson, "Federal Property Insurance Programs: Where Are We Going?" Best's Review, April 1973, 5 pages.
 Dan R. Anderson, "The Federal Government as a Competitor," International Insurances Monitor, Volume XXIX, No. 2, February
1975, 4 pages.
 Dan R. Anderson, "Medical Malpractice: Face Up to the Problems of Cost," Best's Review, May 1975, 3 pages.
 Dan R. Anderson & John R. Nevin, "The Variables Influencing Young Marrieds Life Insurance Purchases," Perspectives in
Business, Winter '75-76, No. 1, 5 pages.
 Dan R. Anderson, "The Unprotected Catastrophe: Why are Risk Managers so Unconcerned?" The Weekly Underwriter-Annual
Risk Management Issue, Volume 214, No. 16, April 24, 1976, 3 pages.
 Dan R. Anderson, "It Pays to Plan For What You Hope Won't Happen," ABA Banking Journal, June, 1979, 2 pages.
 Dan R. Anderson, "Developing Emergency Preparedness Plans," Commercial West, October 27, 1979, 3 pages.
 Dan R. Anderson & I. V. Fine, Working papers in connection with the PIMIB (Programs to Increase Minorities in Business)
Project funded by AACSB, listed below:
#1 "Summary of On-Going Programs at Accredited AACSB Schools"
#2 "Organizational Programs"
#3 "The Minority Manager"
#4 "The Hispanic-American Situation"
#5 "The Native-American Situation"
#6 "Summer Enrichment Programming"
#7 "Appropriate Use of Role Models"
#8 "Educational Characteristics and Career Decision Making of Minorities: A Review of the Literature"
#9 "Results of Minority Managers' Survey on Factors Affecting the Choice of Business as a Career"
 Dan R. Anderson, "Underwriting Losses Continue Critical Nose Dive - Soft Market Cycle Never Expected to Recover," The
Business Journal, March 4, 1984, 2 pages.
4








Dan R. Anderson, "Turmoil in the Insurance Markets," Update, Volume 4, No. 1, Winter-Spring 1986, 2 pages.
Dan R. Anderson, "The Danger of Nuclear Liability Limits," Best's Review, Vol. 87, No. 11, March 1987, 6 pages.
Dan R. Anderson, "Financing of Superfund Mandated Hazardous Waste Cleanup Costs by Insurance Companies,"
Environmental & Waste Management World, Vol. 5, No. 9, November/December 1991, 6 pages.
Dan R. Anderson, "Deciding Who Pays for Cleanup," The Review - Environmental Risk, April, 1993, 3 pages.
Dan R. Anderson, “Providing Catastrophe Insurance Coverage Following the Terrorists Events of September 11,” The Insurance
Forum, Vol. 29, No. 3, March 2002, pp. 30-32 (invited article).
Dan R. Anderson, “Will Global Warming Liability Risks Exceed Property Risks?” Progress – Geneva Association Information
Newsletter, No. 44, pp. 2-3, December 2006. (Invited)
Dan R. Anderson, “What is Sustainability Risk Management,” ARIA News, pp. 5-6, Spring 2006. (Invited)
Dan R. Anderson, “Sustainability Risk management: Risk Mitigation and Business Opportunities,” Center for Business Education
– The Aspen Institute E Newsletter, Vol. 1, No. 9, July 2008 (Invited).
Research Grants and Fund Raising
 The Research Committee of the Graduate School awarded me full summer (1973) salary support to study "Federal Government
Programs in Property Insurance."
 The Research Committee of the Graduate School of Business awarded me full summer (1975) salary support to study "The
Development of a Rating Structure for All Risks Coverage Under a Comprehensive Catastrophe Insurance System."
 The Research Committee of the Graduate School of Business awarded me full summer (1976) salary support for the first phases
of the research proposal supported by the Ford Foundation.
 The Ford Foundation awarded me a $21,810 grant for my research proposal, "A Study of the Price-Anderson Act and Alternative
Funding and Insurance Mechanisms for Handling the Nuclear Liability Risk." The grant covered half-time salary support for the
academic year 1976-77, full summer salary support for summer 1977, a research assistant, computer time, travel, and other
expenses.
 The National Science Foundation funded a grant through the Natural Hazards Research and Applications Information Center,
Institute of Behavioral Science, University of Colorado-Boulder. The research involved observing and measuring the behavior of
local financial institutions immediately following a major natural disaster. The funds covered travel, maintenance, data collection,
computer, and other research expenses associated with traveling and performing the research methodology. The Jackson,
Mississippi flood of April 1979 was selected and studied (with Maurice Weinrobe, Clark University).
 The Risk Studies Foundation awarded me a $5,000 grant for my research proposal entitled, "An Analysis of Cumulative and
Occupational Diseases in the 1980s: Implications for Risk Management," 1979-80.
 The Federal Emergency Management Agency awarded us a $100,000 grant in connection with a study entitled "A Study of
Earthquake Insurance to Develop Alternatives for Mitigating Damages Due to Earthquakes," (with J. H. Wiggins), 1980.
 The American Association of Collegiate Schools of Business awarded me full salary support for two summers (1980, 1981) in
connection with a study entitled, "Programs to Increase Minority Participation in Schools of Business," (with I.V. Fine and U.W.
School of Business).
 The School of Business Research Committee awarded me full summer (1982) salary support for a proposal entitled "Mortgage
Default Risks Associated with Earthquakes and Other Natural Disasters."
 The National Science Foundation awarded us a $132,000 grant to study "Mortgage Default Risks Associated with Earthquakes
and Other Natural Disasters." Funded me for full salary support for two summers (1983, 1984) plus travel, computer and project
assistant funding (with Maurice Weinrobe, Clark University).
 The Graduate School Research Committee awarded me full summer (1985) salary support plus a research assistant for a
proposal entitled "Analysis of Wisconsin's System for Financing Long-Term Hazardous Waste Risk."
 Was instrumental in fund raising campaign which will bring $100,000 to our department over next five years (1986-1990) from
American Family Insurance Company primarily to finance research related activities.
 The Institute for Environmental Studies awarded me one month summer (1986) salary support for research in the area of
financing hazardous waste risks.
 Assisted in setting up J. R. Commons Lectureship in which the Wausau Insurance Companies will provide $5,000 per year to
sponsor annual lectures in risk and insurance beginning in 1987.
 Was instrumental in the fund raising process that resulted in the establishment of the $500,000 Leslie P. Schultz Professorship in
Risk Management and Insurance to be funded by United Services Life Insurance Companies, 1988.
 Was instrumental in the fund raising process that resulted in a $125,000 gift for Risk Management and Insurance Program from
CUNA Mutual Insurance Group, 1988.
 Received $15,000 grant from Wisconsin Insurance Alliance to study competition in the Wisconsin Insurance Industry - 1989 (with
Roger A. Formisano and Joan T. Schmit).
 Headed up the fund raising process that resulted in an initial $20,000 gift from the Woller/Anger Corporation to establish a
scholarship program, 1990.
 Was instrumental in fund raising process that resulted in a $500,000 gift from American Family Insurance Group to establish a
Chair in Risk Management and Insurance, 1990.
 Received Journal of Insurance Regulation Grant Award of $5,000 (one award annually) for research proposal entitled, "Financial
Impact of Superfund-Mandated Hazardous Waste Liabilities on the Insurance Industry," 1993.
 $20,000 - provided by four Bermuda risk and insurance organizations to conduct a study on the Bermuda risk financing market,
Summer 1996.
 $10,000 - “An Examination of Recently Developed Environmental Risk Management Systems,” Spencer Educational Foundation,
Summer 1998.
5








CIBER grant to travel to Beijing University, China, to deliver a series of lectures to graduate students and faculty, and meet with
Chinese insurance industry officials in Spring 2001 during sabbatical.
Raised $6,000 to partially pay for Tom Eggert’s salary for a new course in Social and Environmental Responsibility in Business,
2002.
Raised $7,500 towards Tom Eggert’s salary for a course in Social and Environmental Responsibility in Business, 2003.
Lead the fund raising effort that resulted in $1.5 million from Gerald Stephens to establish the Gerald D. Stephens CPCU Chair
and Program Fund in Risk Management and Insurance, 2003.
$94,378 grant with Employers Reinsurance – GE Insurance Solutions to conduct and publish a survey of primary insurance
companies to arrive at a Reinsurance Price Index. (Co – PI with Joan Schmit and Mark Browne).
Travel grant from CIBER to make a presentation at the Environmental Risk and Insurance Management Symposium in Manila,
Philippines, 2007.
Travel grant from the Graduate School for international meetings to present a research paper at the International Insurance
Society in Berlin, Germany, 2007.
Travel grant from Graduate School for domestic (including Canada) meetings to make a presentation at the American Risk and
Insurance Association in Quebec City, Canada, 2007.
Papers Delivered at Professional Associations
 "An Analysis of Variables Influencing a Life Insurance Purchasing Decision," presented before the Southeast Region of American
Institute for Decision Sciences, New Orleans, LA., February 20-23, 1974, 13 pages (with John R. Nevin).
 "Smoothing of Underwriting Results by Manipulating IBNR Loss Reserves," presented before the American Risk and Insurance
Association, White Sulphur Springs, West Virginia, August 25-28, 1974, 20 pages.
 "The Federal Government as a Competitor of the Private Insurance Industry," presented before the Society of Casualty and
Property Underwriters, Atlanta, Georgia, September 12-14, 1974, 12 pages.
 "Actuarial Problems in Federal Catastrophe Insurance Programs," presented before the Midwestern Actuarial Forum,
Bloomington, Illinois, July 14, 1975, 11 pages.
 "The Price-Anderson Act: Its Effect on Nuclear Power Development and Energy Priorities," presented before the American risk
and Insurance Association, Boston, Massachusetts, August 18, 1976, 32 pages.
 "Limits on Liability: The Price-Anderson Act versus Other Laws," presented before the American Risk and Insurance
Association, Scottsdale, Arizona, August 16, 1977, 37 pages.
 "Risk Management of Jumbo Risks," presented before the Western Risk and Insurance Association, Lake Tahoe, Nevada,
January 9, 1979, 15 pages.
 "Risk Management and Insurance Problems of Large Complex Technologies: The Case of Nuclear Power," presented before the
Transportation and Public Utilities Group of the American Economic Association, Denver, Colorado, September 6, 1980.
 "Occupational Diseases in the 1980s: Implications for Risk Management" presented before Risk and Insurance Management
Society, San Francisco, California, April 8, 1981.
 "Emergency Planning Within Financial Institutions," Midwest Finance Association Annual Meeting, Chicago, Illinois, April 1-3,
1982.
 "The Role of Financial Institutions in the Insurance Marketplace," Annual Conference of Risk and Insurance Management
Society, Los Angeles, April 24-29, 1983, 25 pages (with Felix Kloman, et al.).
 "Mortgage Default Risks Associated with Earthquakes and Other Natural Disasters," Annual Meeting of the Western Risk and
Insurance Association, Newport Beach, California, January 5-8, 1984, 17 pages (with Maurice Weinrobe).
 "Mortgage Default Risks Associated with Earthquakes and Other Natural Disasters," XX International Insurance Seminar, New
Orleans, June 24-28, 1984, 19 pages (with Maurice Weinrobe).
 "The Effects of Natural Disasters on Mortgage Defaults," Annual Meeting of the American Risk and Insurance Association,
Minneapolis, August 12-15, 1984, 17 pages (with Maurice Weinrobe).
 "Financing Asbestos Claims: Analyzing the Impact of Coverage Issues, Manville's Bankruptcy and the Asbestos Claims Facility,"
Annual Meeting of the American Risk and Insurance Association, Chicago, Illinois, August 17-20, 1986, 25 pages.
 "Causal Factors in Property-Liability Insurance Company Insolvencies," Annual Meeting of the American Risk and Insurance
Association, Montreal, Canada, August 16-19, 1987 (with Roger A. Formisano), 12 pages.
 "Financing Liabilities Under Superfund," Conference on Decision-Making and Environmental Risks: Economic and Political
Issues, Robert M. LaFollette Institute of Public Affairs and Institute for Environmental Studies, University of Wisconsin-Madison,
April 13-14, 1988, 24 pages.
 "An Analysis of the Insurance Industry's Exposure to Hazardous Waste Liabilities," XXIV International Insurance Seminar,
London, England, July 10-14, 1988, 23 pages.
 "Impact on the Insurance Industry Due to Its Exposure to Hazardous Waste Liabilities," Annual Meeting of the American Risk and
Insurance Association, Reno, Nevada, August 14-17, 1988, 21 pages.
 "Insurance Issues Involved in Historic Insurance Coverage Research," Risk and Insurance Management Society Annual
Conference, Atlanta, Georgia, April 9-14, 1989, 15 pages.
 "An Analysis of Suits Claiming Joint and Several Liability," Annual Meeting at the America Risk and Insurance Association,
Denver, Colorado, August 20-23, 1989, 20 pages (with Joan Schmit and Tim Oleszczuk).
 "Issues Involved in Insurance Company Insolvencies," Annual Meeting of the America Risk and Insurance Association, Denver,
Colorado, August 20-23, 1989, 15 pages.
 "Competition in the Property-Liability Insurance Industry," Annual Meeting of the Western Risk and Insurance Association,
Honolulu, Hawaii, January 3-6, 1990 (with Roger A. Formisano and Joan T. Schmit).
 "An Economic Evaluation of Superfund Liability," Annual Meeting of the American Risk and Insurance Association, Orlando,
Florida, August 19-22, 1990 (with Joan T. Schmit).
6















V.
"Hazardous Waste and Other Long Tailed Liabilities: The Achilles Heel of the Property-Liability Insurance Industry," Annual
Meeting of the American Risk and Insurance Association, San Diego, California, August 18-21, 1991.
"A New Regulatory Approach to Prevent Insurance Company Insolvencies," Annual Meeting of the Society of Insurance
Research, New Orleans, November 11-13, 1992.
"Insurance Industry's Liability for Financing Superfund-Mandated Hazardous Waste Cleanup Costs," Conference on Changing
Patterns of Business Disputing, Institute for Legal Studies, Madison, Wisconsin, November 19-20, 1993 (with Joan T. Schmit).
“Future and Developing Trends in Environmental Insurance Coverage Litigation,” Annual Meeting of the Society of CPCUs, New
York City, October 14, 1996.
“Environmental Insurance Markets: Development and Strategies for Growth,” International Insurance Society Seminar, Sydney,
Australia, July 12-15, 1998.
“Development of the Bermuda Market,” American Risk and Insurance Association Annual Meeting, Boston, Massachusetts,
August 16-19, 1998.
“Developments in Environmental Risk Management Systems,” American Risk and Insurance Association Annual Meeting,
Boston, Massachusetts, August 16-19, 1998.
“Sustainability Risk Management: The Role of Insurance in Keeping a Corporation Alive,” American Bar Association Insurance
Coverage Litigation Seminar, Tucson, AZ, March 2-4, 2007.
“Sustainability Risk Management as a Critical Component of ERM,” Risk and Insurance Management Society (RIMS) Annual
Meeting, New Orleans, LA, April 29 – May 3, 2007.
“Sustainability Risk Management as a Critical Component of Enterprise Risk Management: Global Warming – Climate Change
Risks,” Annual meeting of International Insurance Society, Berlin, Germany, July 8-11, 2007.
“Sustainability Risk Management,” annual meeting of the American Risk and Insurance Association, Quebec, Canada, August 58, 2007.
“Sustaining Profitability through Enterprise Risk Management and Enterprise Performance Management,” annual meeting of
CPCU Society, Honolulu, Hawaii, September 8-11, 2007.
“Using Sustainability Risk Management to Positively Impact the Bottom Line,” Risk and Insurance Management Society (RIMS)
Annual Meeting, San Diego, CA, April 27-May 1, 2008.
“Global Warming Litigation – Risk Management,” Risk and Insurance Management Society (RIMS) Annual Meeting, San Diego,
CA April 27-May 1, 2008.
“Sustainability Risk Management,” North American Actuarial Annual Conference, Quebec City, Canada, June 16-18, 2008.
EXPERT TESTIMONY BEFORE GOVERNMENTAL COMMITTEES















Prepared Statement on Atomic Energy Insurance Legislation before the Joint Committee on Atomic Energy, United States
Congress, Washington, D.C., September 24, 1975.
Prepared Statement on the Proposed Extension of the Price-Anderson Act before the Subcommittee on Energy and the
Environment--Committee on Interior and Insular Affairs, United States House of Representatives, Washington, D.C., December
1, 1975.
Prepared Statement on the Relationship of the Price-Anderson Act to the California Nuclear Safeguards Initiative before the
Assembly Committee on Resources, Land Use and Energy, California State Legislature, December 17, 1975.
Prepared Statement on Proposed Rule 6.54--Regarding Prohibited Classifications of Risks for Rating Purposes before public
hearing called by the Office of the Insurance Commissioner, State of Wisconsin, Madison, December 17, 1975.
Prepared Statement on Minnesota Bill House File No. 995 before the House Committee on Environmental and Natural
Resources, Minnesota State Legislature, St. Paul, February 5, 1976.
Prepared Statement on Proposed Rule Ins. 6.55 Eliminating Discrimination Based on Sex as An Unfair Trade Practice before
public hearing called by Office of the Insurance Commissioner, State of Wisconsin, Madison, February 17, 1976.
Prepared Statement on Proposed Changes in the Price-Anderson Act before the Joint Committee on Atomic Energy, Congress
of the United States, Washington, D.C., March 3, 1976.
Prepared Statement on Assembly Bill 378 before the Assembly Committee on Commerce and Consumer Affairs, Wisconsin
State Legislature, Madison, March 8, 1976.
Prepared Statement on Assembly Bill #396--Nuclear Waste Control Moratorium before the Environmental Protective Committee,
Wisconsin State Assembly, May 16, 1977.
Prepared Statement and one entire day of cross-examination on the effect of the Price-Anderson Act on future nuclear plant
decisions, Advance Plan Hearings before the Public Service Commission, Madison, Wisconsin, October 17, 1977.
Prepared Statement and testimony before the Public Service Commission on "Proposed Nuclear Electric Replacement Power
Insurance," Madison, Wisconsin, May 27, 1980.
Prepared Statement concerning the Renewal of the Price-Anderson Act Before the Subcommittee on Energy and the
Environment - Committee on Interior and Insular Affairs, U.S. House of Representatives, June 4, 1985, Washington, D.C.
Prepared Statement concerning "H.R. 3653, Price-Anderson Amendments Act of 1986, and H.R. 4394, Federal Radioactive
Waste Liability Act of 1986," before the Subcommittee on Energy Conservation and Power Representatives, Washington, D.C.,
July 17, 1986.
Prepared Statement on "The Liability Insurance Crisis" before the Subcommittee on Economic Stabilization Committee on
Banking, Finance and Urban Affairs, U.S. House of Representatives, Washington, D.C., August 12, 1986.
Prepared Statement on "An Analysis of WEPCO's Risk Management Programs," before the Public Service Commission, State of
Wisconsin, Madison, Wisconsin, October 17, 1989.
7
VI.
INVOLVEMENT IN CONFERENCES, EXECUTIVE/MANAGEMENT DEVELOPMENT


































University of Wisconsin Extension Center
Instructor (Risk Management and Insurance)
1969-1970
Assistant Professor (Risk Management and Insurance) 1970-1974
Associate Professor (Risk Management and Insurance) 1975-1980
Professor (Risk Management and Insurance)
1981-1982
Minority Enterprise Development Program – Director 1971-73.
Bank Administration Institute's School for Bank Administration – Lecturer and Group Leader; Summers, 1971-1987.
"Reinsurance and Risk Reduction," seminar at University of Dallas, September 1972, Group Leader.
Participated in the organization of National Symposium on the "Consumer Interest in the Sale of Life Insurance and Alternative
Security Devices," which was held on the University of Wisconsin-Madison campus, May 1972.
Participated as faculty member in Bank Security Conference sponsored by the Wisconsin Bankers Association in Oshkosh on
September 9-11, 1979.
Participated as distinguished speaker in Corporate Systems' "Risk-Cost Control" Seminars in Atlanta, Georgia, May 28-29, 1980,
New York, November 19-20, 1980, and New York, March 11-13, 1981.
Participated as speaker in the Federal Emergency Management Agency's Seminar on "Disaster Emergencies and the Financial
Community" in Boulder, Colorado, September 21-23, 1980.
Participated as speaker in Bank Administration Institute's Bank Security Conference in Miami, Florida, February 9-11, 1981.
Participated as faculty member in Bank Security Conference sponsored by the Wisconsin Bankers Association in Lake Delavan
on September 21-23, 1981.
Coordinated, developed and conducted a one-week workshop on "Basic Insurance Concepts" for high school teachers in
Bozeman, Montana, July 12-16, 1982. Sponsored by Insurance Information Institute.
Helped, organized and moderated a session at the Actuarial Research Conference, Madison, September 29-30, 1983.
Presented program on "New Developments in Life Insurance," to McGladney, Hendrickson & Pullen, Certified Public
Accountants, Itasca, Illinois, May 24, 1984.
Participated in Panel, "Post-Disaster Recovery: Do We Understand the Process and the Impacts?," Natural Hazards Research
Workshop, Boulder, Colorado, July 15-18, 1984.
Moderator, All Industry Day, Madison, November 20, 1984.
Participated as faculty member in "Property and Liability Insurance Accounting" Program, UW-Management Institute, Madison,
July 18, 1984, June 10, 1985, October 14, 1985, July 22, 1986, July 28, 1987, July 22, 1988, July 25, 1989, July 24, 1990, July
26, 1991.
Participated as moderator for International Insurance Seminar, Vienna, Austria, June 29 - July 4, 1985.
Presented program on "Potential Financial Liability in a Crisis Situation," Bank Security Conference of the Wisconsin Bankers
Association, Madison, October 29, 1985.
Forefront Seminars, "Crisis in the Property and Liability Insurance Markets," Milwaukee, March 13, 1986.
Participated as faculty member in "Management Insurance Protection and Costs for your Organization" program, UW Management Institute, Madison, April 23, 1986 and September 25, 1986.
Made presentation at University of Wisconsin Risk Group - Department of Natural Resources meeting on Risk Assessment
Management, Madison, September 8, 1986.
Program moderator, Bascom Hill Society, for session "Liability Insurance Costs: Who's the Blame?," Madison, October 4, 1986.
Made presentation at Wisconsin Association Executives meeting, Madison, December 8, 1986.
Participated as faculty member, "Rural Insurance Executive Program," Management Institute, Madison, Wisconsin, March 7,
1989.
Participated as moderator for International Insurance Seminar, Chicago, Illinois, July 9-13, 1989.
Participated as moderator for International Insurance Society Seminar in Paris, France, July 8-12, 1990.
"Price-Anderson and Superfund as Government Risk Bearing Programs," Government Risk Bearing Conference, Federal
Reserve Bank, Cleveland, Ohio, May 25-31, 1991.
Organized Research Round Table at Annual Meeting in Toronto, Canada, July 4-9, 1992.
Conference Keynote Speaker, "Developing Trends in Risk Management," State Risk Management & Safety Conference,
Madison, Wisconsin, November 3-4, 1994.
Global Risk Management - 2005: Partnership for the Future, A Future Search Conference, St. Petersburg, Florida, January 1518, 1995.
Invited paper presentation, “Financial Impact of Hazardous Waste Liabilities: Lessons from the U.S. for Europe,” Center of
European Integration, Danube University, Krems Austria, May 19, 1995.
“Integrating Pollution Prevention Into Insurance and Risk Management Professions,” Focus Group Meeting in Washington DC McLean Virginia, sponsored by PRC Environmental Management, Inc. Under a contract from the Environmental Protection
Agency, June 8-9, 1995.
Invited paper presentation, “The Coverage War: Who’s Winning,” at Conference on Successful Strategies for Valuing and
Managing Environmental Liabilities, New York City, November 28, 1995.
Invited paper presentation, “Impact of Environmental Liabilities on the Insurance Industry,” Frank A. Young Lectures on Risk
Management Issues, Southern Methodist University, Dallas, Texas, January 9, 1996.
8

















VII.
“Financial Planning for Baby Boomers,” and “Retirement Planning for the Older Client,” continuing education program through
Wisconsin Association of Life Underwriters, Madison, Wisconsin, October 31-November 1, 1996.
Invited paper presentation, “The Impact of Environmental Claims on Insurer Solvency,” Willis Corroon Environmental Risk
Management Seminar, Nashville, Tennessee, January 28-29, 1997.
Invited paper presentation, “Environmental Liability Risk Management and Insurance, Samsung International Symposium, Seoul,
Korea, August 22, 1997.
“Incorporating Risk Management Into Environmental Management Systems,” Willis Corroon Environmental Risk Management
Seminar, Nashville, Tennessee, January 25-27, 1999.
Harold H. Hines Jr. Memorial Symposium, Chicago, Illinois, May 18, 1999.
“Major Trends and Developments in Risk Management and Insurance,” presented for new Executive Education for the Insurance
Industry Program, Fluno Center, May 15, 2000 and September 11, 2000.
“Risk Management and Liability Insurance Developments over the 20 th Century,” Beijing University, China series of lectures, April
12-17, 2001.
Helped organize and made presentation at program on “Environmental Risk Management and Corporate Strategies” a new
Fluno Center Program I n Madison, WI, May 6-7, 2002.
Help organize and made presentation at program on “Advanced Environmental Risk Management Strategies,” a new Fluno
Center program, Madison, WI, September 26-27, 2006.
Organized session and made presentation at program on “Sustainability Risk Management as a Critical Component of ERM,”
Annual meeting of the Risk and Insurance Management Society (RIMS), New Orleans LA, April 29-May 3, 2007.
Made presentation at customized program for Munich Re America, Fluno Center, Madison, WI, July 29, 2007.
Organized session and made presentation at program on “Sustainability Risk Management,” Annual meeting of the American
Risk and Insurance Association, Quebec Canada, August 5-8, 2007.
Helped organize and made presentation at session on “Sustaining Profitability through Enterprise Risk Management and
Enterprise Performance Management,” Annual meeting of CPCU Society, Honolulu Hawaii, September 8-11, 2007.
Helped organize session on “Sustaining the Life Science Industry in an Evolving Market,” Annual meeting of Wisconsin
Biotechnology and Medical Device Association, Madison WI, October 18, 2007.
Organized session and made presentation at program on “Sustainability Risk Management” North American Actuarial Annual
Conference, Quebec City, Canada, June 16-18, 2008.
Organized and moderated panel on “Green Risk Management and the Risk of Not Going Green,” Sustainable Real Estate
Development conference, Fluno Center, Madison, WI, October 30, 2008.
Geneva Association’s 7th International Liability Regimes Conference, “Exploring Environmental Liability: An Open Plank for
Insurers and Their Clients,” London, England, October 19-20, 2010.
INVOLVEMENT IN INNOVATIVE CURRICULA DEVELOPMENT








Prepared a proposal for the funding of the Minority Enterprise Development Program. The Brittingham Family accepted the
proposal and agreed to provide $6,000 for the program in academic years 1971-1972 and 1972-1973. The Program involved
graduate business students who worked as consultants in minority businesses and received course credit. I directed the entire
program for two years.
Received a grant for the improvement of undergraduate instruction from the Knapp Bequest Committee for the summer of 1974.
The principal emphasis of the experimental class involved the preparation of an informational and educational booklet for use by
students at the University of Wisconsin.
In charge of graduate courses in which students provide a consulting service/study at no charge to local organizations. Clients
have included Vita Plus, Nicolet, UW-Madison, UW Risk Management Department, Wisconsin Student Association, Wisconsin
Alumni Association, Wisconsin Student Association, UW Madison Chancellor's Office, Pleasant Company, the Lunar
Corporation, Rowe Pottery Works, HospiceCare, and Oakbrook Corporation, Home Health United, Lands’ End, East Madison
Community Center, and American Family Insurance.
I have taken a leading role in developing new courses and programs in Environmental Strategy and Sustainability. These
courses are being taken jointly by undergraduate and graduate Business and Nelson Institute of Environmental Studies students.
I coordinated the process of approval for Gen Bus 365/765 (topics course) for regular course status – Gen Bus 600 –
Environmental Strategy and Sustainability. This process included obtaining the approval of the Chairs of the Institute for
Environmental Studies, Urban and Regional Planning, and the LaFollette School of Public Affairs. All enthusiastically supported
the approval of the course.
I coordinated the process of approval for Gen Bus 365/765 (topics course) for regular course status – Gen Bus 601 – Systems
Thinking and Sustainable Businesses.
I coordinated the process of approval for RMI 365/765 (topics course) for regular course status – RMI 650 – Sustainability,
Environmental and Social Risk Management.
I coordinated the process of approval for a new graduate Certificate in Business, Environment and Social Responsibility (BESR),
the first graduate certificate in the Wisconsin School of Business.
9
VIII.
INVOLVEMENT IN CONSULTING ACTIVITIES




































Wisconsin State Insurance Commissioner (1976-77) – In accordance with Wisconsin Statute 645, was appointed by the
Wisconsin State Insurance Commissioner to conduct a study of the bankruptcy of the Wisconsin Surety Corporation. The 125page study was published in Wisconsin Insurance Report, Business of 1976.
Professional Insurance Agents (1977) – Developed and calculated a set of premium loadings (surcharges) needed to cover the
cost of adding the earthquake and flood perils to the homeowners and small business insurance policies.
Mortgage Guaranty Insurance Corporation (1978) – Analyzed the risks of and developed rates for earthquake mortgage default
insurance for mortgaged-backed pass-through securities.
American Bankers Association (1978-79) – Wrote a 44-page booklet entitled Developing a Crisis Management Plan for Banks.
This booklet was distributed to all ABA member banks as a supplement to the Bank Protection Bulletin. It also can be purchased
separately from the ABA.
Federal Home Loan Mortgage Corporation (1978-79) – Participated in a study to measure mortgage default risks of the Mortgage
Corporation resulting from natural disasters, with primary emphasis on mortgage default risks arising from a major California
earthquake.
Illinois Guaranty Fund (1980) – Analysis of the Reserve Insurance Company Insolvency, the largest Property-Liability Insurance
Company Insolvency of all time.
Federal Home Loan Mortgage Corporation (1981, 1983-1990) – Completed an Analysis of FHCMC Insurance Requirements for
its Servicers and serve as continuing consultant.
Wisconsin State Insurance Commissioner (1981) – Analysis of the Reliable Insurance Company Insolvency.
Reliance Insurance Company (1984-1985) – Expert testimony in connection with asbestos coverage cases in California.
Rural Insurance Companies (1985) – Development of a strategic plan for group health insurance.
Maryland State Insurance Commissioner (1986-1988) – Analysis of Eastern Indemnity Company of Maryland insolvency.
Mortenson, Matzelle & Meldrum (1987-1989) – Work jointly with MM & M to provide risk management consulting services.
Procter and Gamble (1988-1989) – Expert testimony in connection with insurance coverage issues involving Rely tampon cases.
Hartford Insurance Company (1988-1990) – Expert testimony in connection with insurance coverage issues involving asbestos
property damage liability building claims.
Wisconsin Association of Temporary Services (1989) – Expert Testimony before Insurance Commissioner's Office in connection
with workers compensation rating plan for temporary workers.
Citizen's Utility Board (1989) – Expert Analysis of WEPCO's Risk Management Program in connection with rate filing before the
Wisconsin Public Service Commission.
Office of the Special Deputy Illinois (1990-1991) – Expert witness in connection with litigation involving the insolvency of the
Reserve Insurance Company.
The Marmon Group, Inc. (1990-1993) – Analysis of Western Hemisphere Insurance Company Limited and Western General
Insurance, Ltd.
Ford Motor Credit Company (1992) – Consulting services for litigation involving collateral protection insurance.
Blue Cross & Blue Shield United of Wisconsin (1992) – Expert testimony in connection with litigation involving Blue Cross & Blue
Shield United of Wisconsin and one of its insurance agencies.
Heritage Mutual Insurance Company (1993) – Expert testimony in connection with litigation involving Heritage Mutual and one of
its agents.
Lloyd's of London Underwriters/Syndicates (1993) – Expert testimony in connection with litigation involving a Lloyd's broker, who
was insured by Lloyd's Underwriters/Syndicates, and another group of Lloyd's Underwriters/Syndicates.
Hillsborough Holdings Corporation (1993) – Consulting services for litigation involving projections of asbestos injury and defense
cost liabilities and insurance coverages.
Watry Industries (1993-1994) – Expert testimony in connection with litigation involving Watry Industries and New York Insurance
Company and one of its agents.
Coregis Managers Corporation (1994) – Expert testimony in connection with litigation involving North River Insurance Company
and one of its policyholders.
General Casualty Insurance Company (1994) – Consulting and strategic planning in the area of the effects of health care reform
on workers compensation and appropriate management responses.
Blue Cross & Blue Shield United of Wisconsin (1994) – Expert testimony in connection with litigation involving Blue Cross & Blue
Shield United of Wisconsin and one of its policyholders.
Allied American Insurance Company (1995) – Consulting services in connection with Allied American's application to write
insurance in Wisconsin.
TenPas Family (1995-1996) – Expert testimony in connection with litigation involving TenPas Family and New York Insurance
Company and one of its agents.
Milliman & Robertson (1996) – Conducted and produced written study entitled, “Development of a State by State Ranking
System for Estimating the Financial Effects of Insurance Coverage Litigation on an Insurers’ Environmental Liabilities.”
Wisconsin Mortgage Assurance Corporation (1996) – Analysis of a proposal to switch WMAC’s reinsurance coverage.
St. Paul Insurance Companies (1996-1997) – Expert witness in insurance coverage litigation involving Superfund site.
Associated Aviation Underwriters (1997) – Consulting services in insurance coverage litigation involving Superfund site.
Illinois Director of Insurance (1997) – Consulting report involving the effects of future environmental claims on the personal
liability of Illinois Director of Insurance as Liquidator of Reserve Insurance Company.
Janice Kuhn/Anderson-Kill (1997-1999) – Expert testimony in connection with Janice Kuhn and her insurance agent.
Madison Valuation Company (1998) – Consulting services in connection with determining the valuation of an insurance
company.
10














IX.
Charlier/Parins Law Firm (1999) – Expert witness involving bad faith property insurance claim brought by Charlier against
insurer.
DeWitt, Ross & Stevens Law Firm (1999) – Consulting report involving appropriateness of annuity policies for elderly individuals.
Flemings Companies/O’Neil, Cannon, Hollman, S.C. (1999-2000) – Expert witness involving bad faith liability insurance claim
brought by Fleming Companies against their insurers.
Intercargo Insurance Company (2000) – Expert witness regarding litigation against insurance agent regarding late notification of
claim.
Madison Gas and Electric Company (2000-2001) – Expert witness in insurable interest issues in arbitration matter.
Auto-Owners Insurance Company (2000) – Expert witness regarding liability of umbrella carrier in automobile claim.
Special Deputy Receiver for American Eagle Insurance Company (2000-2001) – Expert witness involving litigation against
directors and officers of American Eagle Insurance Company.
Madison Gas and Electric Company (2002) – Expert witness on workers compensation claim in bankruptcy court.
LaFollette Godfrey Kahn (2003) – Expert witness in risk and insurance area.
IDA (2005-2009) – Consultant for evaluations of loss prevention systems.
Sompo Insurance Company (2005) – Consultant on insurance coverage issues.
Marsh (2007) – Consultant on insurance issues.
Aon (2008) – Consultant on sustainability risk strategies.
Allianz (2008) – Consultant on sustainability risk strategies.
MEMBERSHIP IN ASSOCIATIONS AND PROFESSIONAL SERVICE
American Risk and Insurance Association: Main professional organization of university professors of risk and insurance, and
publisher of the principal professional journal in risk and insurance, The Journal of Risk and Insurance.
Board of Directors, 1974-1975; 1978-1985
Chair, Committee to Select New Editor for The Journal of Risk and Insurance,1985-1986
Chairman of Annual Meeting Program Committee, 1981-1982
Vice President, 1981-1982
President-Elect, 1982-1983
President, 1983-1984
Past President, 1984-1985
Chairman of Committee on Long-Run Objectives, 1979-1981
Committee to Evaluate Journal of Risk and Insurance, 1978
Committee to select new editor for Journal of Risk and Insurance, 1978-1979
Editor Search Committee for Journal of Risk and Insurance, 1990-1991
Les Strickler Innovation in Instruction Award Committee, 1996-1997
Membership Committee, 2005
Nominations Committee, 1985, 1989-1994, 2000, 2003, 2005
Program Committee for Annual Meeting, 1976-1978
Strategic Planning Committee, 1986-1994
International Insurance Society: Leading International Insurance Organization
Chair, Research Committee, 1990-1991; 1998-2004
Program Chair for Annual Meeting in Tokyo, Japan, 1993
Program Chair for Research Roundtable in Berlin, Germany, 1999
Program Chair for Research Roundtable in Vancouver, B.C. Canada, 2000
Program Chair for Research Roundtable in Vienna, Austria, 2001
Program Chair for Research Roundtable in Singapore, 2002
Program Chair for Research Roundtable in New York City, 2003
Vice President & Board of Directors, 1991-1996
Western Risk and Insurance Association
The Society of Chartered Property and Casualty Underwriters
Risk and Insurance Management Society
Associate Editor, Journal of Risk and Insurance, 1986-1991
Assistant Editor, CPCU Journal, 1990-2008
Assistant Editor, Delphian, 1990-1993
Assistant Editor, Journal of Business Research, 1976-1984
Reviewer - National Science Foundation, 1984-2000
State Farm Foundation Doctoral Scholarships Competition, 2000-present
X.
HONORS AND RECOGNITION




My article, "Effects of Under- and Overevaluations in Loss Reserves," December 1971 was selected as one of the four most
outstanding feature articles to appear in the Journal of Risk and Insurance in 1971. This award included a grant of $200.
Designated Loman Research Fellow for my research on the "Development of the Principal Elements of a Comprehensive
Catastrophe Insurance System." This award included a $1,000 grant from the Harry J. Loman Foundation, 1974.
Designated Loman Research Fellow for my research on "The Price-Anderson Act: Its Importance in the Development of Nuclear
Power." This award included a $1,000 grant from the Harry J. Loman Foundation, 1976.
Received the first Larson Excellence in Teaching Award in the School of Business, 1984.
11











XI.
Designated Loman Research Fellow for my research on "Property Damage Coverage for Asbestos Removal and Hazardous
Waste, Cleanup Costs." This award includes a $2,500 grant from the Harry J. Loman Foundation, 1987.
Received Northwestern Mutual Life Insurance Companies Outstanding Educator Award, 1988.
Elected to Beta Gamma Sigma, 1988.
Named Leslie P. Schultz Professor of Risk Management and Insurance, 1990.
Erwin A. Gaummitz Distinguished Faculty Award, 1991.
PIA Insurance Foundation Insurance Educator of the Year Award, 1991.
Winner of Society of Insurance Research Competition, '92. Included a $5,000 grant.
Recipient of Shin Research Excellence Award, International Insurance Society, for paper “Environmental Insurance Markets:
Development and Strategies for Growth,” 1998.
Named Senior Fellow of the China Center for Insurance and Social Security Research, Beijing University, 2003.
Received Geneva Association/International Insurance Society Research Award, including a $10,000 stipend, for my paper,
“Sustainability Risk Management as a Critical Component of Enterprise Risk Management: Global Warming – Climate Change
Risks”
Risk Innovator Award, Risk and Insurance magazine, 2008.
ADMINISTRATION
School of Business and the University of Wisconsin
Academic Planning Council 1989-1994; 2002-2003
Administrative Committee for the Center for the Study of Equal Employment and Affirmative Action, 1974-1975
Affirmative Action Committee, 1983-1991 (Chair 1983-1986)
Alternate: Faculty Senate, 1973-1974
Andersen Center Evaluation Committee, 2007
Andersen Professorship Selection Committee, 2007
Appeals Committee, 1980-1982; 1998
Awards Committee 1998-2000
Building Committee, 1985-1988
Center for Sustainability in Business Committee, 2006
Chair, Actuarial Science, Risk and Insurance Department, 1977-1978; 1979-1996
Chair, Ad hoc Committee for Environmental/Social/Sustainability courses/programs in the School of Business, 1998-2009
Chair, Gender Pay Equity Review Committee, 2000-2001
Chair, Joan Schmit’s 5 year review committee, 2004
Chair, John R. Commons Lecture Committee, 1987-1992
Chair, Selection Committee for American Family Professorship in Risk Management and Insurance, 1993
Chair, Selection Committee for Stephens Chair in Risk Management and Insurance, 2003
Chair, Selection Committee for Time Insurance Professorship in Actuarial Science, 1992
Chairman, Enrollment Targets Committee, 1980-1981
Co-Chair, Nelson Institute for Environmental Studies – School of Business joint faculty committee, 2005-2009
Commission on Faculty Compensation and Economic Benefits, 1999-2002
Committee for Center for Business, Environment and Social Responsibility Proposal, 2007
Committee on Undergraduate Education, 1980-1983
Curriculum Committee, 2008-2009
Diversity Committee, 2003-2005
Editorial Board, Update, 1983-1991
Endowed Chair, five year reviews for J. Paul Peter, 1999; R.D. Nair, 1999; Herb Heneman, 2002; John Wild, 2005;
Jed Frees, 2008; Joan Schmit, 1998
Energy Systems and Policy Cluster Committee, 1999-2002
Enrollment Growth Committee, 1975
Faculty group workshop on environmental issues, 2006
Golf Course Oversight Committee, 1990
Grade Appeal Committee, 2005
Graduate Studies Committee, 1970-1973
Grainger Chair Selection Committee, 1998
Health Care Planning Committee, 1990-1992
High School Student Day Committee & Program, 1990-1992
Honors Committee, 1971-1973
Insurance Advisor - Center for Advanced Studies in Business (CASB), 1997-1998
Interdisciplinary Environmental Risk Seminar, 1996-present
Internship Committee, 1974
John Wild’s 5-year Professorship Review Committee, 2007
Larson Curriculum Development Grant Committee, 1984-1986
M.B.A. Task Force Committee, 1976-1978
Masters Committee, 2005-2008
Memorial Resolution Committee for William S. Bicknell, 1986-1987
Memorial Resolution Committee for James C. Hickman, 2006
Mentor Program, 2003-2005
12
Nelson Institute for Environmental Studies Governance Faculty, 2006-2009
Nelson Institute for Environmental Studies Funding Alternatives Committee, 2006
Nominating Committee - AOF Scholarships, 1984-1986
Placement, Student Services and Outreach Committee, 1984-1986
PROFS Steering Committee, 1999-2008
Recreational Sports Board, 1998-2003
Scholarship Committee, 1970-1973; 1979-1983
Search Committee for McManus-Bascom Professor of Marketing, 1986
Senator: Faculty Senate, 1984-1992
Subcommittee of the Executive Committee, 1981-1984; 1986-1989; (Chair 1988-1989); 1993-1996; 1998-1999
Undergraduate Studies Committee, 1975-1978, 1980-1983
University Insurance Association, Treasurer, 1985-1997
UW Credit Union Insurance Committee, 1980-1995 (Chair 1989-1995)
Wrote Jim Hickman’s obituary for the ARIA Newsletter, 2007
XII.
STUDENT AND PUBLIC SERVICE
Dissertations or Theses
30 Ph.D. Dissertations
15 Masters Theses
Student Service
Head Faculty Advisor, Risk Management and Insurance Society, 1970-1995
Co-Faculty Advisor, Business Action for Sustainable Enterprise (BASE), 2001-2009
Co-Faculty Advisor, Net Impact, 2003-2009
Co-Faculty Advisor, UW Insurance Fellows, 1970-1976
Co-Faculty Advisor, Delta Sigma Pi, 1971-1976
Guest Lecturer in Health Care Systems 105, 1972-1975
Instructor in Insurance for Wisconsin Union's free Mini Course Program, 1972-1975
Coordinate student internship programs at the following organizations, 1977-1991; 1993-1996
CUNA Mutual Insurance Group
Independent Reinsurance Underwriters-USA
Intel Corporation, Palatto, California
Johnson & Higgins, Chicago
Lloyd's of London - London
National Association of Professional Surplus Lines Office-USA
Northwestern Mutual Insurance Company, Milwaukee
Risk and Insurance Management Society, New York
Risk Management Department - State Department of Transportation
Risk Management Department - State of Wisconsin
Risk Planning Group; Darien, Connecticut
Rollins, Burdick, Hunter - Chicago
Sedgwick - San Francisco
Swiss Valley Farms - Davenport, Iowa
T. E. Brennan Company, Milwaukee
Transamerica Insurance Corporation, San Francisco
UW Risk Management, Central Administration
UW Risk Management, Madison Campus
UW Risk Management, Extension
Wausau Insurance Companies
School of Business Faculty Mentor Program, 1982-1984
Board of Directors, Consortium for Graduate Study in Management, 1981-1985
UW Mentor Program, 1987-1995
REBEX Conference, Regional Risk and Insurance Management Society, Chicago IL, 1990-2005
RIMS Awards Dinners, Milwaukee, 1985-2008
CPCU Scholarship & Honors Luncheons, Milwaukee, 1976-2000
Assisted a group of business students and provided partial funding for the incorporation of a new student organization, Business
Action for Sustainable Enterprise (BASE). Assisted in funding for the attendance of three students at the National meeting of
Net Impact in Washington, D.C.
Diversity Weekend, Madison, WI, 2004-2007
RMIS student organization annual fund raising golf event, Madison, WI, 1999-2009
Public Service
Advisory Committee on Nuclear Risks, National Association of Insurance Commissioners, 1983-1986
Assisted Community Car Program in obtaining Insurance Coverage
Board of Advisors, Garel House (Madison), 1972-1975
Boy Scouts (Madison), 1970-1973
13
Chair, Technical Review Panel for U.S. Environmental Protection Agency Task Force on Response Action Contractors'
Indemnification 1987-1991
Departmental external relations. In this capacity, among other responsibilities, involved in the following meetings:

Fred Krupp, President – Environmental Defense, Madison, WI, February 22, 2007.

Tia Nelson, Nelson Institute Board of Visitors, Madison WI, February 27, 2007.

John Nelson, UW Energy Institute, UW-Madison, Madison, WI, March 6, 2007; April 10, 2007; October 30, 2007..

Brad Wood, Risk Manager of Marriott, Madison WI, March 22, 2007.

U.S. Representative Tammy Baldwin, Environment, Energy, Climate Change Academic Briefing, Madison WI, April 10, 2007.

Pete Wick, Milliman, New Orleans, April 30, 2007.

CPCU Society, Milwaukee Chapter, Milwaukee, WI, May 16, 2007.

UW-Foundation briefing meeting for environmental initiatives, Madison WI, June 7, 2007.

Bryant Moroder, Executive Director, Sustain Dane, Madison WI, July 26, 2007.

Bennett Freeman, Senior VP, Social Research and Policy, Calvert Asset Management Company, Madison WI, October 9, 2007.

Meghan Chapel-Brown, Sustainability, Madison WI, October 17, 2007.

Jim Hirsch, Proposal for a Green Center for Sustainability, Madison WI, October 30, 2007.

Wolfgang Engschuber, President and John Rogers, VP, Munich Re America, Madison WI, November 12, 2007.

Steven Zahn-Calelmo, AG Edwards, Madison WI, November 14, 2007.

Mortenson Matzelle and Meldrum Senior Management, Madison, WI, December 10, 2007.

Lyman Wible, Tom Koombs, Kestrel Consulting, Madison WI, December 10, 2007.

Renaldo de Dios, Jesus Estanislao, and Adelita Vergelde Dios leading insurance and government officials, Manila Philippines,
November 27, 2007.
Economics of Climate Change Conference, Michael, Best, Friedrich, Madison WI, February 23, 2007.Forms and Classifications
Advisory Council, Office of Insurance Commissioner, State of Wisconsin, 1976-1979
Group Leader for "Business Management Curriculum for Resident Doctors in Family Medicine," University of Wisconsin, March 1974
Insurance Advisor for a study entitled "Availability of Health and Life Insurance for Persons with a History of Mental Illness,
Alcoholism, Drug Abuse, or Criminal Record," Center for Public Representation (Madison), 1977-1978
Insurance Advisor for Madison Community Co-op Information Center, 1972-1975
Insurance Advisor for the "Ex-Offender Integration Project," Center for Public Representation (Madison), 1975
Insurance Commissioner's Committee on Minimum Capital and Surplus Requirements, 1981
Insurance Consumers Advisory Council, Office of the Insurance Commissioner, State of Wisconsin, 1975-1978
Interfaith Hospitality Center Breakfast, November 8, 2007
Member of National Risk Management Panel sponsored by Corroon and Black, 1984-1987
Member of Oral Examination Board to screen applicants for positions of Insurance Consumer Specialist and Administrative Officer 3
in the Insurance Commissioner's Office, 1976-1978
Selection Committee for Insurance Leader of the Year Award, The College of Insurance, 1998-2003
Task Force on Property and Casualty Insurance Crisis - Appointed by Wisconsin Insurance Commissioner, Thomas Fox, 1985-1986
Speeches/Presentations
 "Guidelines for Self-Insurance," speech before the Rock Valley Chapter, American Society of Insurance Management,
Stoughton, Wisconsin, May 24, 1972.
 "The Minority Enterprise Development Program at the University of Wisconsin," speech before the Rotary Club of DeKalb,
Illinois, June 14, 1972.
 "No Fault Insurance," speech before the Rotary Club of Madison, Wisconsin, February 17, 1973.
 "Government Involvement in Insurance," speech before the Washington Chapter, American Society of Insurance Management,
Seattle, Washington, September 28, 1973.
 "Federal Government as a Competitor," speech before the Madison Chapter of the Society of Chartered Property and Casualty
Underwriters, Madison, Wisconsin, September 18, 1974.
 "New Forms of Government Intervention in Private Insurance," speech before the Rock Valley Chapter, American Society of
Insurance Management, Janesville, Wisconsin, December 4, 1974.
 "Government Insurance," speech before the Independent Insurance Agents of Wisconsin, Madison, Wisconsin, May 6, 1975.
 "The Effects of Federal Government Insurance Programs--Present and Proposed--On the Insurance Agent," speech before the
Independent Insurance Agents, LaCrosse, Wisconsin, March 19, 1975.
 "Insurance for Catastrophic Situations," Update '77 Conference: Association of Continuing Education in Business (ACEB),
Madison, Wisconsin, October 7, 1977.
 "Insolvency of Wisconsin Surety Corporation," Zone 4 meeting of the National Association of Insurance Commissioners,
Madison, Wisconsin, October 12, 1977.
 "Problems in Social Security and Related Areas," Service to Mankind Club, Middleton, Wisconsin, November 7, 1977.
 "Discrimination in Property-Liability Insurance Rating: Statistical versus Social Equity," Wisconsin Association of Underwriters,
Milwaukee, Wisconsin, April 20, 1978.
 "The Price-Anderson Act: Its Effect on Nuclear Power and Energy Strategies," DeKalb Area Alliance for Responsible Energy,
DeKalb, Illinois, April 27, 1978.
 "Nuclear Insurance in the Aftermath of the Three Mile Island Accident," Chartered Property and Casualty Underwriters, 2nd
Annual Insurance Industry Luncheon, Madison, Wisconsin, October 22, 1979.
 "Strategies for Reducing Blanket Bond and Other Insurance Costs," before the Bank Administration Institute's Conference on
Banking Issues, New Orleans, Louisiana, May 4-7, 1980.
14




































"The Effect of the Price-Anderson Act and Insurance on the Development of Nuclear Power," before the Risk and Insurance
Society, Madison, Wisconsin, October 30, 1980.
"Risk Management Problems of Nuclear Power," before Wisconsin Chapter of Chartered Property and Casualty Underwriters,
Milwaukee, Wisconsin, January 22, 1981
"Liability, Compensation, and Insurance Systems Associated with Nuclear Power," before MAST (Chancellor's Student Honorary
Society), Madison, Wisconsin, October 21, 1981.
"Risks Associated with Hazardous Wastes and Environmental Pollution," to Wisconsin Business Alumni, Wausau, Wisconsin,
November 15, 1984.
"Barneveld: How Did the Insurance Industry Respond?" Dairyland Chapter of the Society of CPCUs, Madison, Wisconsin,
October 23, 1985.
"Financing Asbestos Liability Risks," before CPCU combined Chapters - Dairyland and Milwaukee, Milwaukee, April 8, 1986.
"Hazardous Wastes Risk Financing Schemes," before Mid-Wisconsin Insurance Association, Merrill, Wisconsin, May 8, 1986.
"Educators' Views on Insurance," Society of CPCU (Madison Chapter), Madison, Wisconsin, December 17, 1987.
"A Pop Quiz in Risk Management and Insurance," Beta Gamma Sigma, Madison, Wisconsin, April 30, 1988.
"Insurance Purchasing Strategies," Women Business Owners of Wisconsin, Madison, Wisconsin, May 3, 1988.
"How to Improve the Public Image of the Insurance Industry: An Educator's View," to All Industry I-Day Luncheon, Madison,
Wisconsin, November 1, 1988.
"Preparations for Natural Disasters," to the University League, Madison, Wisconsin, November 9, 1988.
"Risk Management and Insurance Educational Programs," to Life Management Institute Society, Madison, Wisconsin, March 14,
1989.
"Hazard Waste Liabilities Facing Municipalities," to Wisconsin Municipal Mutual Insurance Company Board of Directors, Mishicot,
Wisconsin, May 4, 1989.
"Important Issues Affecting Insurance Industry's Future," to Alexander and Alexander, Green Bay, Wisconsin, July 18, 1989.
"Critical Areas Imparting the Property-Liability Insurance Industry," to American Family Insurance National Underwriting
Managers, Madison, Wisconsin, September 21, 1989.
"Future Issues Affecting the Insurance Industry," to Society of CPCUs (Dairyland Chapter), Madison, Wisconsin, October 19,
1989.
"Environmental Liability Perspectives," at Seminar entitled "Making Decisions about Environmental Health Risk," sponsored by
the Federation of Environmental Technologists, Middleton, Wisconsin, April 26, 1990.
"Insurance Buying Strategies," Meeting of Painting and Decorating Contractors of America," Madison, Wisconsin, October 30,
1990.
"Insurance Industry's Exposure to Hazardous Waste Liabilities," to the Society of CPCUs (Wisconsin Chapter), Milwaukee,
Wisconsin, April 17, 1991.
"Financing of Superfund-Mandated Cleanup Costs by Insurance Companies," to Wisconsin Actuaries Club, Middleton,
Wisconsin, March 25, 1992.
"Environmental Insurance," Wisconsin Actuaries Club, Middleton, Wisconsin, March 25, 1992.
"Litigation Involving Superfund Claims and the Insurance Industry," Litigation Seminar UW Law School, Madison, Wisconsin,
September 17, 1992.
"Nuclear Risk Management and the Price-Anderson Act," American Nuclear Society, Madison, Wisconsin, March 16, 1993.
"Risk and Insurance Education in a New Environment," Society of CPCUs (Dairyland Chapter), Grainger Hall, Madison,
Wisconsin, January 11, 1994.
"Risk Management and Insurance Education at the UW-Madison," Independent Insurance Agents Association, Madison,
Wisconsin, April 11, 1994.
"Risk Management and Insurance Education at the UW-Madison," Life Management Institute Society of Wisconsin, Madison,
Wisconsin, April 19, 1994.
"Proposed Changes in Superfund Program and the Estimated Effects on the Insurance Industry," Society of CPCUs (Dairyland
Chapter), Sun Prairie, Wisconsin, October 11, 1994.
"Developing Trends in Risk Management," Lectures to Members of the Bascom Hill Society (UW Foundation), Hartford,
Connecticut and Boston, Massachusetts, October 19-20, 1995.
“Developing Trends and Issues in Risk and Insurance,” LaFollette Synikin Insurance Group, Madison, WI, October 27, 1997.
“Trends and Issues in Risk Management and Insurance,” Society of CPCUs - Dairyland Chapter, January 14, 1998.
“Towards the Year 2000: Key Trends/Issues in Risk Management and Insurance,” General Casualty Claims Meeting, April 14,
1998.
“Report on the Equitability of Premium Methodologies for the University of Wisconsin System Risk Management,” University of
Wisconsin System Risk Management Conference, Oshkosh, WI, May 19, 1998.
Guest lecturer in Institute for Environmental Studies 901 graduate seminar – Subject: “Developing an Environmental Awareness,”
Fall 2000.
“Trends Impacting Insurance Agents,” Independent Insurance Agents of Dane County, November 23, 1998.
“Development of Property-Liability Markets and Insurance,” series of lectures at Beijing University, China, April 19-20, 2001.
15





































Guest lecturer in Institute for Environmental Studies 901 graduate seminar – Subject: “Developing an Environmental Awareness,”
Fall 2001.
“Insurance and the Management of Risk: September 11 as Case Study of Unnatural Disaster,” Interdisciplinary Environmental
Seminar, January 29, 2002.
“The Impact and Implications of the September 11 World Trade Center Attacks on Risk Management and Insurance Markets,”
Society of CPCUs meeting, Madison, WI, February 12, 2002.
“A Risk Management and Insurance Perspective on the ‘New Terrorism,’” presented at the Center for Urban Land Economics
Research (CULER), Madison, WI, April 16-17, 2002.
“Increasing Trends in Environmental Liability,” Interdisciplinary Environmental Seminar, Madison, WI, April 22, 2003.
“The Impact and Implications of the World Trade Center Attacks on World Insurance Markets,” Center for World Affairs and the
Global Economy (WAGE), Madison, WI, April 26, 2002.
“Major Trends and Developments in Risk and Insurance Markets,” and “Risk and Insurance Implications of World Trade Center
Attacks,” to a group of insurance executives visiting from Russia, General Casualty Insurance Company, Sun Prairie, WI, March
25, 2003.
Guest lecturer in GB 365/765 – Sustainability and the Corporate Response - Subject: “Sustainability Reputation Risks,” Spring
2003.
Guest lecturer in GB 365/765 – Systems Thinking and Sustainable Businesses – Subject: “Sustainability Reputation Risks,”
Spring 2005.
Guest lecturer in Household Risk Management-Consumer Science 665 – Subject: “Risk and Insurance Impacts of World Trade
Center Attacks, Fall 2005.
Guest lecturer in Industrial Engineering 708 – Societal Risk Management of Technological Hazards – Subject: “Sustainability
Risk Management,” Fall 2005.
Guest Lecture in GB 365/765 – Systems Thinking and Sustainable, Businesses – Subject: “Sustainability Reputation Risk,”
March 27, 2006.
Guest Lecture in Environmental Studies 471 – Introduction to Environmental, Health – Subject: “Employing Sustainability Risk
Management to Improve Environmental Health,” April 12, 2006.
Presentation to Climate Change Seminar – Subject: “Sustainability Risk Management,” UW-Madison, April 21, 2006.
Presentation for Take Back Our Future Earth Day Teach-In – Subject: “Corporate Risk Management Strategies for Climate
Change and Other Sustainability Concerns”, UW-Madison, April 22, 2006.
Presentation to CPCU Society – Dairyland Chapter – Subject: “Corporate Survival: The Critical Importance of Sustainability Risk
Management,” Madison, WI, May 17, 2006.
Panelist for Harold H. Hines Jr. Memorial Symposium – Subject: “Enterprise Risk Management,” Chicago, IL, May 18, 2006.
Interviewed on “Marketplace” – National Public Radio – Subject: “Risk Financing following Hurricane Katrina,” May 25, 2006.
“Sustainability Risk Management,” at new Fluno Center program on Advance Environmental Risk Management Strategies, June
25, 2006.
Presentation to Environmental Seminar – Subject: “Sustainability Risk Management,” UW-Madison, September 19, 2006.
Presentation to International Insurance Foundation – Subject: “Sustainability Risk Management,” Washington, DC, September
22, 2006.
Panelist for Global Warming Panel, Wisconsin Union Directorate – Contemporary Issues Committee, September 25, 2006.
Presentation as part of program honoring British Ambassador to the United States – Subject: “Applying Sustainability Risk
Management Strategies to Climate Change Risks.” The British Ambassador, Sir David Manning, then followed with his keynote
lecture, “Britain’s Perspectives on Climate Change,” UW-Madison, September 29, 2006.
Interviewed on WORT Radio – Subject: “Flood versus Windstorm Damage from Hurricane Katrina,” September 29, 2006.
Panelist for Wisconsin Climate Change Forum to reflect on address by Keynote Speaker, Professor Steve Schneider, CoDirector of both the Center for Environment Science and Policy and Interdisciplinary Program in Environment and Resources at
Stanford University, UW-Madison, October 6, 2006.
Participated in Liability Regimes Conference, and asked to make presentation on “Liability Risks associated with Global Warming
and Climate Change,” Swiss Re Centre for Global Dialogue, Zurich, Switzerland, October 25-27, 2006.
“Sustainability Risk Management,” ASRMI Seminar, UW-Madison, January 26, 2007.
Guest Lecture in GB198 – “Environmental Risks,” March 7, 2007
Guest Lecture in GB601 – Systems Thinking and Sustainable, Businesses – Subject: “Sustainability Reputation Risk,” March 26,
2007
“Sustainability Reputation Risks” Guest lecturer in GB 601 – Systems Thinking and Sustainable Businesses, March 27, 2007.
“Sustainability Risk Management,” Climate Change Seminar, UW-Madison, April 13, 2007.
“Global Warming from a Business Perspective: Can Climate Policy Work?,” Targeted Speaker Series, Madison, WI, April 24,
2007.
“Corporate Survival: The Critical Importance of Sustainability Risk Management,” CPCU Society – Milwaukee Chapter,
Milwaukee, WI, May 16, 2007.
“On the Air with In Business,” radio show, Madison, WI, August 22, 2007.
“Sustainability Risk Management,” LaFollette School of Public Affairs Seminar Series, Madison, WI, September 25, 2007.
“Sustainability Risk Management,” Geology and Environmental Science Seminar Series, James Madison University, Harrisburg,
VA, October 4, 2007.
Panelist for Wisconsin Climate Change Forum to reflect on address by Keynote Speaker, Professor Susan Soloman, Principal
co-author of Intergovernmental Panel on Climate Change, Stanford University, UW-Madison, October 23, 2007.
16























“Sustainability Risk Management,” Center for Sustainability and the Global Environment (SAGE) Seminar Series, Madison, WI,
October 24, 2007.
“Sustainability Risk Management,” keynote speaker for annual Wisconsin Risk Management Conference, Madison, WI,
November 7, 2007.
“Sustainability, Environmental and Social Risk Management,” Symposium on Environmental Risk and Insurance Management,
Manila, Philippines, November 27, 2007.
“Sustainability Risk Management – Global Warming Risks,” Focus the Nation, UW-Madison, January 31, 2008.
Interviewed on WISC-TV – Subject “Sustainability Strategies,” February 5, 2008.
“Sustainability Risk Management,” Wisconsin Energy Conservation Corporation, February 8, 2008.
“Making a Business Case for Sustainability From a Risk Management Framework,” Guest lecturer in GB 608 – Systems Thinking
and Sustainable Business, March 31, 2008.
“Sustainability Risk Management – Climate Change Risks,” Nelson Institute Earth Day Conference, UW-Madison, April 16, 2008.
“Sustainability Risk Management,” Guest lecturer, Environment Issues Class, University of Minnesota, April 23, 2008.
“Challenges and Opportunities for Sustainable Businesses,” BASE Kickoff Meeting, Wisconsin School of Business, September
16, 2008.
“Opportunities in Sustainable Business,” Net Impact Kickoff Meeting, Wisconsin School of Business, September 18, 2008.
“Market Drivers for Sustainable Development: Risks, Incentives and Opportunities,” Guest lecturer in RE765 – Sustainable Real
Estate Development Conference, September 29, 2008.
“Climate Change Liability and Sustainability Risks,” Munich Re Workshop, Princeton, NJ, October 13-14, 2008.
“Environmental Sustainability and Insurance Impacts,” Wisconsin Fox Valley CPCU I-Day Meeting, Appleton, WI, November 11,
2008.
“What Drives Businesses to Consider Sustainability? Risk,” Wisconsin Sustainable Business Council Conference, Madison, WI,
December 8, 2008.
“Sustainability Risk Management and Business Opportunities,” IRIS Public Seminar Series, University of Calgary, Canada,
February 25, 2009.
“Sustainability Risk Management and Business Opportunities,” Guest lecturer, Energy Risk Management, Haskayne School of
Business, University of Calgary, Canada, February 25, 2009.
“Sustainability Risk Management: Climate Change Risks and Business Opportunities,” Global Climate Change and Sustainable
Development – WI International Law Journal 27th Annual Symposium, UW-Madison, March 6, 2009.
“Sustainability Risk Management: Mitigating Risks and Creating Business Opportunities,” Rays of Research Series, Wisconsin
School of Business, March 25, 2009.
“Making a Business Case for Sustainability from a Risk Management Framework,” Guest lecturer in GB 601 – Systems Thinking
and Sustainable Businesses, April 6, 2009.
“Lessons I’ve Learned Going Along,” Actuarial Science, Risk Management and Insurance Spring Banquet, UW -Madison, May 1,
2009.
“The Impact of Climate Change Risks on the Risk and Insurance Industry,” ASRMI faculty and graduate students, UW-Madison,
February 18, 2011.
“New Strategies for the NFIP to: Encourage participation, reduce subsidies, develop actuarial pricing, increase private insurance
industry involvement, and create greater efficiencies.” Keynote Speaker, National Flood Conference, Austin, TX, May 8, 2012.
17
DAN R. ANDERSON
SUMMARY OF TEACHER EVALUATIONS
1980 - 2009
Courses Taught
300 – Principles of Risk Management
365 – Environmental Risk Management
399 – Independent Readings and Research
610 – Property Risk Management
615 – Liability Risk Management
625 – Government Insurance Programs
Class
Size
Spring `09
RMI 615
RMI 650
Fall `08
RMI 630
Spring `08
RMI 650
Fall `07
On Sabbatical
Spring `07
RMI 615
RMI 650
Fall `06
RMI 630
Spring `06
RMI 615
RMI 365/765
Fall `05
No courses
Spring `05
365/765
615
399
Fall `04
630
Spring `04
365/765
615
875
Fall `03
No courses
Spring `03
365/765
615
Fall `02
630
Spring `02
615
875
399
Fall `01
630
Spring `01
On sabbatical.
Fall `00
630
815
399
Spring `00
615
875
399
Fall `99
630
815
399
630 – Life and Health Insurance
650 – Sustainability, Environmental & Social Risk Mgmt
765 – Environmental Risk Management
799 – Readings and Research
875 – Risk Management Case Analysis
815 – Risk Financing Techniques
Adjusted
Scale
Score
Percentage Ranking
in School of
Business Faculty
Percentage of Class
Ranking Instructor in
Top 30%
57
28
4.74/4.39
4.56/4.42
84.31
83.33
55
4.55/4.37
78.72
40
4.58/4.26
70.59
43
42
4.70/4.30
4.24/3.84
100.00
58.62
58
4.68/4.16
87.76
58
32
4.23/3.98
4.53/4.16
65.96
90.91
33
61
1
4.68/4.38
4.63/4.32
93.33
94.44
53
4.62/4.35
87.80
26
49
7
4.58/4.37
4.65/4.24
4.33/4.11
95.24
93.02
87.80
28
49
4.63/4.53
4.63/4.25
87.50
89.13
49
4.58/4.24
90.24
54
5
1
4.81/4.48
4.90/5.00
95.83
100.00
35
4.76/4.36
96.77
21
3
1
4.72/4.35
5.00/5.00
95.00
100.00
58
7
1
4.71/4.45
4.30/4.71
88.00
57.14
42
10
1
4.76/4.32
4.58/4.40
94.44
88.89
18
Spring `99
615
875
Fall `98
630
815
799
Spring `98
625
875
Fall `97
630
815
Spring `97
On Leave of Absence
Fall `96
On Leave of Absence
Spring `96
562
867
Fall `95
565
868
Spring `95
562
867
Fall `94
565
868
Spring `94
562
867
Fall `93*
565
696
868
Spring `93*
562
696
867
Fall `92
565
868
Spring `92
562
867
Fall `91
On Sabbatical
Spring `91
562
867
Fall `90
565
868
Spring `90
562
867
Fall `89
565
868
Spring `89
562
867
Fall `88
565
868
40
3
4.60/4.26
4.83/4.67
91.89
100.00
28
3
2
4.53/4.25
4.69/2.65
NA
NA
9
4
4.57/3.68
4.79/4.00
100.00
100.00
36
3
4.49/3.80
4.92/3.43
81.82
100.00
47
4
4.54/3.95
3.65/2.96
94.74
100.00
32
4
4.41 (3.86)
4.02 (3.21)
88.46
75.00
37
3
58.03 (4.61, 3.96)
61.92 (4.67, 3.00)
94.44
100.00
21
5
59.70
58.42
100.00
100.00
48
11
56.13
57.81
71.97
79.30
92.69
88.89
45
1
11
61.34
97.50
97.50
56.41
80.00
80.00
51
1
4
60.07
88.10
88.10
61.71
100.00
100.00
43
7
59.88
62.64
---
90.63
100.00
50
3
60.41
62.23
88.50
96.30
95.74
100.00
49
8
57.02
61.46
76.40
92.60
90.00
100.00
42
8
60.10
54.09
89.50
56.10
100.00
100.00
46
5
59.73
50.63
87.10
40.90
92.11
100.00
48
5
55.28
53.66
65.70
57.50
79.41
100.00
39
5
63.74
52.71
97.20
52.20
91.17
100.00
39
7
56.91
59.89
74.70
86.00
91.43
100.00
Spring `88*
19
562
564
867
Fall `87*
561
565
868
Spring `87*
562
564
867
Fall `86*
561
565
868
Spring `86*
562
564
867
Fall `85*
561
565
868
Spring `85
562
564
Fall `84*
561
565
868
Spring `84*
562
564
867
Fall `83*
561
565
868
Spring `83
562
564
Fall `82
560
561
868
Spring `82
562
564
Fall `81*
560
561
868
Spring `81
562
564
Fall `80*
560
561
868
Spring `80
562
564
29
27
5
62.23
57.19
68.20
91.60
74.20
100.00
96.00
95.65
100.00
26
25
7
62.11
61.32
71.88
88.10
85.80
99.60
100.00
100.00
100.00
29
18
6
61.21
59.75
67.76
83.50
77.10
89.60
95.84
100.00
100.00
31
34
9
64.78
62.02
59.31
98.50
93.00
82.70
100.00
100.00
100.00
38
11
6
64.54
64.27
58.37
86.30
94.10
77.40
88.23
85.72
100.00
40
40
8
56.55
58.38
60.64
70.50
79.70
91.90
74.28
78.26
100.00
33
22
55.87
59.90
70.70
85.70
100.00
93.75
43
32
3
56.05
54.83
62.64
70.80
62.30
95.40
89.47
88.46
100.00
61
22
6
60.04
59.86
67.47
84.90
83.90
100.00
93.61
94.12
100.00
38
44
9
55.56
54.60
59.70
68.30
62.70
85.10
96.97
95.13
100.00
30
30
62.74
64.79
94.90
96.90
95.84
95.42
139
36
6
52.78
55.06
63.97
NA
NA
NA
82.35
78.13
100.00
38
21
57.05
59.28
NA
NA
93.55
92.88
82
36
5
57.17
54.18
54.45
NA
NA
NA
87.30
91.66
100.00
35
18
60.24
58.07
NA
NA
94.00
81.25
169
29
7
58.83
62.93
54.21
NA
NA
NA
86.05
100.00
85.71
14
8
64.15
64.01
NA
NA
91.66
100.00
* No additional compensation for extra courses taught – done to cover the courses and keep program viable for students.
20