Notes
1. Robert I. Mehr and Bob A. Hedges, Risk Management: Concepts and Applications (Homewood, IL: Richard D. Irwin, 1974), chs. 1–2; see also Eric A. Wiening, Foundations of Risk Management and Insurance (Malvern, PA: American Society for Chartered Casualty Property Underwriters/Insurance Institute of America, 2002), ch. 3, and George L. Head and Stephen Horn II, Essentials of Risk Management, 3rd ed., vol. 1 (Malvern, PA: Insurance Institute of America, 1997), pp. 70–79.
2. This section is based on Head and Horn, Essentials of Risk Management, pp. 36–44; C. Arthur Williams, Jr., et al., Principles of Risk Management and Insurance, 2nd ed., vol. 1 (Malvern, PA: American Institute for Property and Liability Underwriters, 1981), chs. 2–3; and ...
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