Wisconsin School of Business

Dan Anderson

Emeritus - Non-teaching - Actuarial Science, Risk Management & Insurance

Emeritus Leslie P. Schultz Professor of Risk Management and Insurance, Department of Actuarial Science, Risk Management 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 Actuarial Science, Risk Management 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.
 

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 (2), 629-651.
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 (1)
Anderson, D. (2003). Global Warming/Climate Change: Implications for the Risk Management and Insurance Industry. CPCU Journal (56), 14.
Anderson, D. (2003). Global Warming/Climate Change: Implications for the Risk Management and Insurance Industry,. CPCU Journal (56), 1-14.
Anderson, D. (2002). Environmental Risk Management: A Critical Part of Corporate Strategy. The Geneva Papers on Risk and Insurance - Theory (27), 31.
Anderson, D. (2001). Biotechnology Risk Management: The Case of Genetically Modified Organisms (GMOs),. CPCU Journal (54), 215-230.
Anderson, D. (2000). Catastrophe Insurance and Compensation: Remembering Basic Principles. CPCU Journal (53), 14.
Anderson, D. (2000). Developing Liability Risks and Insurance ? Regulatory Impacts and Responses ? Over the 20th Century. Journal of Insurance Regulation (19), 23.
Anderson, D. (1999). Expanding Environmental Risk Management. Risk Management (46), 21-28.
Anderson, D. (1999). Incorporating Risk Management Into Environmental Management Systems. CPCU Journal (52), 115-124.
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 (2), 1-23. doi: 10.1111/j.1540-6296.1998.tb00079.x.
Anderson, D. (1998). ACE, XL, Mid Ocean and MRM: Development and Future Challenges of Four Key Organizations in the Bermuda Market. Assurances Quarterly Review, 467-491.
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 (49)
Kim, Y., Anderson, D., Amburgey, T., & Hickman, J. (1995). The Use of Event History Analysis to Examine Insurer Insolvencies. Journal of Risk and Insurance (LXII)
Anderson, D. (1994). Insurance Coverage Litigation and the Financial Impact of Superfund-Mandated Hazardous Waste Liabilities on the Insurance Industry. Journal of Insurance Regulation (13)
Anderson, D. (1992). A New Regulatory Approach to Prevent Insurance Company Insolvencies. Research Review (V)
Anderson, D. (1989). Financing Liabilities Under Superfund. Risk Analysis (9)
Anderson, D. (1989). Property Damage Liability Coverage for Asbestos Removal and Hazardous Waste Cleanup Costs. CPCU Journal (42)
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 (LIV)
Anderson, D., & Weinrobe, M. (1986). Insurance Implications of Mortgage Default Risks Associated with Natural Disasters. Journal of Risk and Insurance (LIII)
Anderson, D., , Queoff, P., Ewert, J., & Johnson, M. (1986). Recovery from the Barneveld Tornado. CPCU Journal (39), 11.
Anderson, D., & Weinrobe, M. (1986). Mortgage Default Risks and the 1971 San Fernando Earthquake. Journal of the American Real Estate and Urban Economics Association (14), 26.
Anderson, D. (1984). 1983 Presidential Address. Journal of Risk and Insurance (LI)
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 (2), 6.
Anderson, D. (1978). Limits on Liability: The Price-Anderson Act Versus Other Laws. Journal of Risk and Insurance (XLV), 24.
Anderson, D. (1978). The Price-Anderson Act Declared Unconstitutional: The Decision and Its Effect on Nuclear Power. Journal of Business Research (VI), 16.
Anderson, D. (1977). The Price-Anderson Act: Its Importance in the Development of Nuclear Power. CPCU Annals (30), 12.
Anderson, D. (1976). All Risks Rating Within a Catastrophe Insurance System. Journal of Risk and Insurance (XLIII), 23.
Anderson, D., & Fetters, M. (1976). State Insurance Examiners' Reactions to Forecasted Financial Data: Some Implications for Accountants. Massachusetts CPA Review (50), 3.
Anderson, D. (1975). The Unprotected Catastrophe: Nuclear Accidents and the Price-Anderson Act. Risk Management, 8.
Anderson, D., & Nevin, J. (1975). Determinants of Young Marrieds' Life Insurance Purchasing Behavior: An Empirical Investigation. Journal of Risk and Insurance (XLII), 375-387.
Anderson, D. (1975). Development of the Principal Elements of a Comprehensive Catastrophe Insurance System. CPCU Annals (28), 15.
Anderson, D., & Fetters, M. (1975). An Empirical Analysis of State Examiners' Reactions to Loss Reserving Patterns. Journal of Risk and Insurance (XLII), 20.
Anderson, D. (1974). The National Flood Insurance Program-Problems and Potential. Journal of Risk and Insurance (XLI), 21.
Anderson, D. (1974). An Analysis of Federal Catastrophe Insurance Programs. CPCU Annals (27), 10.
Anderson, D. (1974). The Ruin Problem in Multiple-Line Insurance. Journal of Risk and Insurance (XLI), 4.
Anderson, D. (1974). Are Federal Insurance Programs Working?. Risk Management, 5.
Anderson, D. (1973). Risk Management, Insurance and Actuarial Science in the Changing Curriculum. Journal of Risk and Insurance (XL), 7.
Anderson, D. (1972). What Role Will the Insurance Industry Play in the Fight Against Pollution. CPCU Annals (25), 11.
Anderson, D. (1971). Effects of Under- and Overevaluations in Loss Reserves. Journal of Risk and Insurance (XXXVIII), 16.

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.
Article AbstractThis chapter describes an innovative project between an Environmental Strategy class at the University of Wisconsin-Madison and Baxter International, a global healthcare company. Benefits and challenges for the nine student groups that each worked with a Baxter contact will be discussed from the students perspective, the professor’s perspective and Baxter’s perspective. The project was mutually beneficial to both students and Baxter. The students gained a more practical knowledge of sustainability and learned about the challenges that companies face in becoming more sustainable. The research benefited Baxter in its continuing drive toward enhanced sustainability by giving it a more complete picture of the state of sustainability and focused information on specific areas. The authors give details on organizing the project, challenges they encountered results of the project, and recommendations for others interested in initiating such a partnership.

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


Undergraduate Courses


Sustainble Envir&Soc Risk Mgmt (RMI 650 Section 1), Spring 2009.

Sustainbl Envir&Soc Risk Mgmt
Course DescriptionThe 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.
(RMI 650 Section 1), Spring 2010. Download Syllabus

Sustainability, Environmental and Social Risk Management
Course DescriptionThe 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.
(RMI 650 Section 1), Spring 2007.

Life and Health Insurance
Course DescriptionDetermination 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.
(RMI 630 Section 1), Fall 2008.

Life and Health Insurance
Course DescriptionDetermination 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.
(RSK 630), Fall 2001.

Life and Health Insurance
Course DescriptionDetermination 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.
(RSK 630), Fall 2002.

Life and Health Insurance
Course DescriptionDetermination 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.
(RSK 630), Fall 2004.

Life and Health Insurance
Course DescriptionDetermination 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.
(RMI 630), Fall 2006.

Liability Risk Management
Course DescriptionComprehensive 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.
(RMI 615 Section 1), Spring 2009.

Liability Risk Management
Course DescriptionComprehensive 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.
(RSK 615), Spring 2002.

Liability Risk Management
Course DescriptionComprehensive 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.
(RSK 615), Spring 2003.

Liability Risk Management
Course DescriptionComprehensive 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.
(RSK 615), Spring 2004.

Liability Risk Management
Course DescriptionComprehensive 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.
(RSK 615), Spring 2005.

Liability Risk Management
Course DescriptionComprehensive 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.
(RMI 615), Spring 2006.

Liability Risk Management
Course DescriptionComprehensive 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.
(RMI 615 Section 1), Spring 2007.



Graduate Courses


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

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



Combined Undergraduate & Graduate Courses


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

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

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

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



Learning/Teaching Oriented Publications


Anderson, D. (2007). Why Sustainability Risk Management Matters. The John Liner Review (20)
Anderson, D. (2007). Corporate Survival: The Critical Importance of Sustainability Risk Management (Translated into Chinese).
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. (2006). Will Global Warming Liability Risks Exceed Property Risks?. Progress - Geneva Association Information Newsletter, 2-3.
Anderson, D. (2006). Sustainability Risk Management. CPCU Journal (59), 1-17.
Anderson, D. (2006). What is Sustainability Risk Management. ARIA News, 5-6.
Anderson, D. (2005). Corporate Survival: The Critical Importance of Sustainability Risk Management.
Article AbstractCorporate Survival: The Critical Importance of Sustainability Risk Management, iUniverse Publishing
, 427.
Anderson, D. (1988). An Analysis of the Insurance Industry's Exposure to Hazardous Waste Liabilities. Proceedings of the XXIV International Insurance Society

Photograph of Dan Anderson

Dan Anderson

 
Emeritus - Non-teaching | Actuarial Science, Risk Management & Insurance
(608) 255-7612
5110A Grainger Hall