November/December 2017

Features

The Death of Moral Hazard?
Feature

The Death of Moral Hazard?

By Srivathsan Karanai Margan
In insurance, moral hazard is the idea that a party that is protected from risk will behave differently than they would if they lacked that protection.

Departments

Making a List…
Inside Track

Making a List…

By Eric P. Harding
It’s late October as I write this column. Due to unseasonably high temperatures here in the mid-Atlantic, the leaves are just beginning to show their autumnal colors.

Precept 1 and ‘Bad Conduct’
Up To Code

Precept 1 and ‘Bad Conduct’

By Jan Carstens
In 1984 my husband and I got married and decided to spend three weeks in Europe for our honeymoon. We were young and adventurous (and in retrospect, maybe a little stupid), so we decided to book flights but not lodging—we had no idea what countries/cities we were going to visit—except for our very first night in Amsterdam.