The Ins and Outs of Insurance Law

This session will begin with a brief history of insurance: what it is, where it began, and what the term "underwriting" means. From there, we will move into a discussion of risk-shifting and how that plays out in different coverage areas. The session will conclude with a brief discussion of reinsurance and guaranty associations. This session is intended to provide some high-level background information for those that practice in the insurance law arena and may want to better understand common concepts.