ARIA Case Studies

The American Risk and Insurance Association (ARIA), in partnership with the Spencer Educational Foundation, proudly presents a collection of innovative case studies designed to enhance teaching in the fields of risk management, insurance, and actuarial science. Supported by a Spencer grant, this initiative brings together real-world scenarios developed by leading academics to help students and educators engage more deeply with critical industry concepts. These cases not only foster analytical thinking and classroom discussion but also bridge the gap between academic theory and professional practice—empowering the next generation of risk leaders.

Risk and Insurance Teaching Society

Collection of Teaching Cases for Risk Management / Insurance / Actuarial Science

Acknowledgements

This collection of teaching cases was made possible by the American Risk and Insurance Association (ARIA) via a $20,000 grant from the Spencer Educational Foundation in 2024.

Citation

Several of the cases that follow are being published in a special issue of Risk Management and Insurance Review (RMIR) and, when used, should be cited accordingly.

Titles, Authors, and Contact Information

(Presented in alphabetical order according to lead author)

Case 1: “Modeling Flood Risk Impact on Real Estate Portfolios”

Sungwon Ahn – sahn02@roosevelt.edu
Fang Yang – fyang10@gsu.edu

Case 2: “Using the University Setting to Illustrate Risk Management Concepts: A Case-Based Learning Exercise”

Courtney Baggett – cbaggett@troy.edu
Cassandra Cole – ccole@business.fsu.edu

Case 3: “Head Games: Navigating Liability and Insurance In the NFL”

Sabrina Du – sabrina.du@snc.edu

Case 4: “A Fall into a Pit, A Gain in Your Wit”

Shirley Huang – Shirley.huang1@unsw.edu.au
Xiao Xu – x.xu@unsw.edu.au

Case 5: “Herding Cats: Underwriting of Catastrophe-Exposed Property Risks – A Teaching Case”

Faith Neale – frneale@charlotte.edu
Lorilee Medders – meddersla@appstate.edu

Case 6: “To Hire or Not to Hire? Underwriter Staffing Analysis for AMERICAN Insurance Company”

Kevin Pan – kpan@samford.edu
Rustin Yerkes – ryerkes@samford.edu
Chad Carson – cmcarson@samford.edu