I am the Alan B. Miller Professor Emeritus of Health Care Management and Professor Emeritus of Insurance and Risk Management at The Wharton School, University of Pennsylvania.  I transitioned to emeritus status on July 1, 2021.  I was an active member of the Wharton School faculty during 1978-1988 and 2004-2021, serving as Chair of the Health Care Management Department during 2014-2020.  I was Professor of Insurance and Finance at the University of South Carolina from 1988 to 2004.

During my career I have studied and taught in diverse areas of insurance, risk management, and finance, including, among others, principles of risk management and insurance, insurance economics, insurance markets and regulation, insurance company operations and finance, insurance contract design and interpretation, and health care finance. 

I have authored or co-authored over 85 scholarly articles and have authored or edited numerous books and monographs dealing with the economics, finance, operations, and regulation of insurance markets.   I have published numerous articles on liability insurance economics and markets; on the determinants of insurance prices; on competition in insurance markets; on the effects of rate regulation on prices and availability of insurance coverage; on the causes of insurance affordability and availability problems; on the causes of insurance underwriting cycles and liability insurance crises; on insurance company insolvency risk and solvency regulation; and on health insurance markets, reform, and policy.  A number of my scholarly articles have received awards by national and international organizations. 

I served during 2006-2018 as a co-editor of the Journal of Risk and Insurance, the premiere academic journal specializing in risk and insurance.  I have previously served as the President of the American Risk and Insurance Association, the leading scholarly association for professors and other researchers in risk management and insurance.  I also have previously served as President of the Risk Theory Society, an international association of economists and actuaries who conduct insurance and related research. 

My expert testimony before legislative, regulatory, and judicial bodies has considered insurance contract design and interpretation, the design of commercial insurance programs, insurance availability and affordability problems, insurance pricing and underwriting, and insurance solvency and regulation.  I have testified on insurance matters before the U.S. Congress on six occasions and served on the U.S. Federal Advisory Committee on Insurance from 2011-2013.  The National Association of Insurance Commissioners, the umbrella organization for state insurance regulators, twice chose me to conduct funded research projects.  My full CV is available here.