Review for the Third Exam and the Final Exam

1
Review for the Third Exam and the Final Exam

• Describe Exams
• Review Major Topics

2
General Information

• You may take either the third exam or the final
  exam, or both. If you take both exams, you will
  get credit for the higher of your two exam grades.

3
Third ExamWhen and Where?

• Tuesday, May 3, 2005
• 1-220 pm
• 134 Temple Hoyne Buell Hall
• (the regular classroom)

4
Final ExamWhen and Where?

• Friday, May 13, 2005
• 130-330 pm
• 134 Temple Hoyne Buell Hall
• (the regular classroom)

5
Third Exam and Final Exam

• 25 Questions on Each Exam
• Exams are Worth 50 Points
• Some True/False or Multiple Choice
• Others Short Answer or Calculations
• Exam is Open Book, Open Note
• Bring Calculator (that you are familiar with
  using) and Auto, Homeowners, BPP and CGL Policies
  

6
Exams Cover All the Material Covered in the Course

• Material from the First Third of Course
• Overview of Insurance Operations
• Marketing
• Distribution Systems
• Underwriting
• Claims Adjusting
• Ratemaking
• Loss Reserving
• Reinsurance
• Personal Lines Policies

7
Exams Cover

• Material from the Second Third of the Course
• Commercial Property Coverage
• CGL
• Excess and Umbrella Policies
• Professional Liability
• Surety
• WC
• Asbestos

8
Exams Cover

• Material from the Last Third of the Course
• Insurance Regulation
• Complexity Science
• Medical Malpractice Insurance
• Insurance Brokerage
• Catastrophe Insurance

9
Study Tips

• Review Homework Assignments 1-6
• (Review Assignment 6 closely, as some questions
  will be based on these same policies)
• Review All Class Assignments
• Do not memorize material, but know where it is
  located, if you need to look it up
• Have organized notes

10
Pre-Exam Office Hours

• Steve DArcy Fri 4/29 2-3 pm
• Mon 5/9 2-3 pm
• Adam Gruen Fri 4/29 10-11 am
• Mon 5/2 12-1 pm
• Fri 5/13 10-11 am
• Adams office hours are held in
• 104 Survey Building