Ph.D. in Finance with minors in Statistics, and Insurance, University of Texas at Austin, 1993

BA in Economics and Statistics, University of Tel-Aviv, Israel, 1971

FLMI (Fellow of Life Management Institute) Designation with Distinction, 1982

Teaching Certificate in Social Sciences, University of Tel Aviv, Israel, 1974

 

Teaching: undergraduate and graduate courses in finance, risk and insurance and employee benefits – all group coverages and pensions. Currently teaching 175-student introductory to finance class.

Research and Publications: Risk financing; Risk measurements and relations to capital; interrelations among capital/risk/organization/distribution structures; solvency detection models; regulations and impact, strategic risk identification/mitigation/implementation of solutions; industry segmentation; sophisticated statistical modeling; and more

TASB has Texas largest public risk pools providing health care coverage, workers' compensation, unemployment compensation and property/casualty insurance to Texas school districts and other public entities. Responsibilities include project management in market research and product development. Research in alternative risk financing and risk management

1991 - 1994: Legislative and Research Projects Manager

Financial analysis and solvency models for both the life/health and property/casualty insurance industries utilizing sophisticated statistical and econometrics techniques, and economic theories

Utilization review study of six health care constituencies

Condition of the Texas property insurance market

Data collection needs for rates and market condition

Property/casualty filing forms

Impact of regulatory rating system changes

Represented TDI in various National Association of Insurance Commissioners (NAIC) working groups.

1986 - 1991: Legislative and Research Programs Administrator

Responsible for research projects for various lines of insurance and insurance issues primarily related to legislative needs; some studies have impacted Texas insurance laws.

1982 - 1986: Rate Analyst

Responsible for preparing the property/casualty rate development including auto, property, and workers' compensation rate development and rates calculations. Performed actuarial analyses.

1980 - 1982: Market Research Analyst

Responsible for the product monitoring system and developing target marketing kit for agents. Participation in radio talk shows about marketing life insurance to women.

1978 - 1980: Pension Administrator

Responsible for completing IRS forms relating to pension plans and reporting to employers.

An economics and social sciences teacher preparing seniors for matriculation examinations

1970-1972: The Reserve Bank of Israel, Tel-Aviv, Israel

An Economist trading bonds in the Israeli stock exchange

Forthcoming Publications

Baranoff, Etti G., And Tom Sager "The Interrelationship Among Organizational And Distribution Forms And Capital And Asset Risk Structures In The Life Insurance Industry" (Journal Of Risk and Insurance)

Baranoff, Prichett, Schmit, Doerpinghaus "Risk Management and Insurance" 8^th Edition, due December 2002 by Leyh Publishing and Wiley

Baranoff, Etti G. "Teaching Pensions through Case Study: How to Evaluate the Differences among Qualified Retirement Plans for a Small Medical Office" - (Benefits Quarterly)

Baranoff, Etti G. and Tom Sager "The Relationship between Asset Risk, Product Risk, and Capital in the Life Insurance Industry," Journal of Banking and Finance, (26)6 (2002) pp. 1181-1197.

Baranoff, Etti G. "The Risk Balls Game: Transforming Risk and Insurance into Tangible Concepts" Accepted At the Risk Management and Insurance Review, 2002

Baranoff, Etti G., Tom Sager and Tom Shively, "Semiparametric Modeling As A Managerial Tool For Solvency," Journal of Risk and Insurance, September, 2000

Baranoff, Etti G., Dalit Baranoff and Tom Sager, "Nonuniform Regulatory Treatment of Broker Distribution Systems: An Impact Analysis for Life Insurers," Journal of Insurance Regulations, September, 2000

Baranoff, Etti G., "Determinants in Risk-Financing Choices: The Case of Workers’ Compensation for Public School Districts," Journal of Risk and Insurance, June, 2000

Baranoff, Etti G. and Dan Gattis "Shaping a Positive Insurance Regulatory Environment in the new Knowledge Millennium" Seminar Proceedings of the International Insurance Society, Inc. - Volume 2000, July, 2000.

Baranoff, Etti G., Tom Sager and the late Bob Witt "Industry Segmentation And Predictor Motifs For Solvency Analysis Of The Life/Health Insurance Industry" Journal of Risk and Insurance, March, 1999

Baranoff, Etti G. and Dan Gattis, "Measuring Attitudes Toward Regulation" Best’s Review, P/C and L/H Issues September 1998

Baranoff, Etti G. and Phyllis Myers "The Prevalence and Application of Risk Management Information Systems," Risk Management Letter, December 1997

Myers, Phyllis S. and Etti G. Baranoff, "Non-Traditional Insurance Programs: The New Generation," Academy of Insurance Education, Washington D.C., Instructional video with supplemental study guide. (Video produced by the Center for Video Education, 1997)

Myers, Phyllis S. and Etti G. Baranoff, "Ethics in Insurance," Academy of Insurance Education, Washington D.C., Instructional video with supplemental study guide. (Video produced by the Center for Video Education, 1997)

Myers, Phyllis S. and Etti G. Baranoff, "CGL: Issues and Perspectives," Academy of Insurance Education, Washington D.C., Instructional video with supplemental study guide. (Video produced by the Center for Video Education, 1997)

Myers, Phyllis S. and Etti G. Baranoff, "Workers' Compensation: On the Cutting Edge," Academy of Insurance Education, Washington D.C., Instructional video with supplemental study guide. (Video produced by the Center for Video Education, 1997)

Myers, Phyllis S. and Etti G. Baranoff, "Reinsurance: Tradition in Transition," Academy of Insurance Education, Washington D.C., Instructional video with supplemental study guide. (Video produced by the Center for Video Education, 1997)

Baranoff, Etti, G., Phyllis S. Myers and E. G. Miller, "The Prevalence and Application of Risk Management Information Systems," An award winning paper, Seminar Proceeding of the International Insurance Society, Inc. - Volume 1996.

Baranoff, Etti, G., Thomas W. Sager, and Robert C. Witt "Investment Risk and Warning Signals for Life/Health Insurance Companies" An award winning paper, Seminar Proceedings of the International Insurance Society, Inc. - Volume 1995.

Baranoff, Etti, G., "Medical Professional Liability Market Place in Texas," Journal of Insurance Regulation, Sep. 1989

"Texas Liability Insurance Closed Claim Survey," Parts I and II, September 1987, Journal of Insurance Regulation (Appears under Texas State Board of Insurance. Co-authored with David Eley)

Baranoff, Etti G., Tom W. Sager and Savas Papadopoulos "The Effect of Regulated versus Market Risk on the Capital Structure of Life Insurers: A Structural Equation Modeling Approach" – (Under revise and resubmit at Journal of Risk and Insurance)

Baranoff, Etti G., Tom Sager and Tom Shively "Managing Capital Structure: The Case of Life Insurers – A Semiparametric Simultaneous Equations Approach"

Baranoff, Etti G., and Tom Sager "The Relationship between Capital and Earnings of Life Insurers" Working paper at the ARIA 2001 meeting in Indianapolis

Baranoff, Etti G., and Tom Sager "The Dynamics of Asset Changes Among Life Insurers During the 1990s: The Effect of Product Specialization and Size" (Slated to be sent to the Journal of Insurance Regulation)

Baranoff, Etti G., Tom W. Sager and Savas Papadopoulos "Differentials of Capital Structure by Specialty Segments in the Life Insurance Industry"

Baranoff, Etti G., Randy Dumm and Gabriel Ramirez "The Role of Surplus Notes in the Corporate Governance of Insurance Firms."

Baranoff, Etti G., and Tom Sager "Risk-Based Capital for Life Insurance Specialty Segments Examined Through the Lens of Transaction-Cost Economics"

Baranoff, Etti G., and Tom Sager "The Interrelationship among Organizational and Distribution Forms and Capital and Asset Risk Structures in the Life Insurance Industry" At ARIA 2002 meeting in Montreal

Baranoff, Etti G., Tom W. Sager and Savas Papadopoulos "The Effect of Regulated versus Market Risk on the Capital Structure of Life Insurers: A Structural Equation Modeling Approach" – At FMA 2002 meeting in San Antonio

Baranoff, Etti G., and Tom Sager "The Relationship between Capital and Earnings of Life Insurers" Working paper at the ARIA 2001 meeting in Indianapolis

Baranoff, Etti G., and Tom Sager "The Interrelationship among Organizational and Distribution Forms and Capital and Asset Risk Structures in the Life Insurance Industry" Presentation at the SRIA meeting in San Antonio, November, 2000 and at VCU Seminar in February, 2001, Working paper forthcoming at the ARIA 2002 meeting in Montreal, Canada

Baranoff, Etti G., Tom Sager and Tom Shively, "A Semiparametric Decision Tool for Managing Capital Structure: The Case of Life Insurers" FMA 2000 meeting in Seattle

Baranoff, Etti G., Tom W. Sager and Savas Papadopoulos "The Effect of Regulated versus Market Risk on the Capital Structure of Life Insurers: A Structural Equation Modeling Approach" – Working paper presented at the ARIA 2000 meeting in Baltimore

Baranoff, Etti G., Tom Sager and Tom Shively, "The Relationship Among Asset Risk, Product Risk, And Capital In The Life Insurance Industry: A Semiparametric Approach," Presentation at the SRIA meeting in Orlando, November, 1999

Baranoff, Etti G. and Tom Sager "The Relationship between Asset Risk, Product Risk, and Capital in the Life Insurance Industry," Presentation at the American Risk And Insurance Association (ARIA) meeting in Vancouver, August, 1999

Baranoff, Etti G., Dalit Baranoff and Tom Sager, "Inconsistencies in Insurance Broker’s Laws Across States: A Review And Impact Analysis," Presentation at the SRIA meeting in Williamsburg, November, 1998

Baranoff, Etti G., Tom Sager "The Relationship between Asset Risk, Product Risk, and Capital in the Life Insurance Industry," Presentation at the VCU FIRE Department Seminar series, October 1998

Baranoff, Etti G., Tom Sager and Tom Shively, "An Examination of the Linear Applications in Life Solvency Studies -- A Semi-Parametric Analysis," Presentation at the American Risk And Insurance Association (ARIA) meeting, Boston, August 1998

Baranoff, Etti G. and Tom Sager, "Life Risk-Based-Capital Reviewed through the Lens Of

Transaction-Cost Economics: Should There Be Equal Treatment For Different Specialties?" The Risk Theory Seminar for presentation in its 1998 meeting, and also presented at the VCU seminar series, January, 1998

Baranoff, Etti G., "An Examination of Risk Financing Hypotheses: The Case of Workers’ Compensation for School Districts," presented at the VCU seminar series, December, 1997

Baranoff, Etti G., Tom Sager "Three Years of Risk-Based Capital: Differential Impacts on Life/Health Industry Segmentation," - ARIA meeting in San Diego, 1997

Baranoff, Etti G., "Selection of a Risk Management Financing Strategy: A Case of Workers’ Compensation for Public Entities," SRIA meeting in Hilton Head, 1996

Baranoff, Etti G., Phyllis S. Myers and E.G. Miller "The Prevalence and Application of Risk Management Information Systems," ARIA meeting in Philadelphia, 1996

Baranoff, Etti G., Phyllis S. Myers and E.G. Miller "The Prevalence and Application of Risk Management Information Systems," International Insurance Society in Amsterdam, Holland, July 1996

Baranoff, Etti G., "A Choice Model Between Self-Funding and Fully-Insuring Workers' Compensation," ARIA meeting in Seattle, Washington, 1995

Launie, Joseph J., William P. Jennings, and Etti G. Baranoff, "Exchange Rate Risk in Reinsurance," ARIA meeting, Seattle, Washington, 1995

Baranoff, Etti G., Thomas W. Sager, and Robert C. Witt, "Investment Risk and Warning Signals for Life/Health Insurance Companies," FMA meeting in New York City, 1995

Baranoff, Etti G "A Stepwise Structure Redesign from the Bottom Up," Re-engineering Special Interest Group of the University of Texas at Austin, 1995

Baranoff, Etti G., "Current and Future Life Insurance Regulation," Inforume Conference of LOMA in Orlando, Florida, 1995

Baranoff, Etti G., "US Private Passenger Automobile Rating and Information Systems: Economic and Public Policy Viewpoints," University of Tel Aviv, Tel Aviv, Israel, by Invitation from Dr. Yehuda Kahane, 1995

Baranoff, Etti G., "Pricing of Insurance Contracts and Evaluating Insurer Investment Practices: An Alternative Approach," ARIA meeting, Toronto, Canada, 1994

Baranoff, Etti G., Thomas W. Sager, and Robert C. Witt "Solvency Surveillance For The Life and Health Insurance Industry: A Disaggregated and Cascaded Approach," ARIA meeting, San Francisco, California, 1993

Baranoff, Etti G., "An Overview of the NAIC Risk-Based Capital Formulas and Comparison to the Texas Proposed Formulas," NABRICO (National Association of Bar Related Insurance Companies) meeting in San Antonio, Texas, 1992

Baranoff, Etti G., "Financial Analysis of the Life Insurance Industry for Regulatory Purposes," excerpts of my dissertation, ARIA meeting presented at the 1992 American and Risk Association Meeting, Washington, D.C., 1992

Baranoff, Etti G., "Causes of Insolvencies of Texas Insurers during the 1980s and 1990," ARIA meeting, Orlando, Florida, 1990

Baranoff, Etti G., and late Nick Williams "Texas' Early Warning System," ARIA meeting in Denver, Colorado, 1989

"Retrospective Review of Medical Necessity and Related Utilization Review Process," March 1993

"Texas Insurance Company Failures in Fiscal Year 1990," April 1991

"Texas Domestic Insurance Company Failures in the 1980s," October 1990

"Medical Professional Liability Insurance in Texas: An Overview," March 1989

"Group Health Benefits in Texas: A Comparative Study," August 1988

"Texas Liability Insurance Closed Claim Survey," (basis for a new law) February 1987

Chair of the Kulp-Wright book Award Committee for ARIA, 2001 and 2002

Serving on the VCU business School Undergraduate Curriculum Committee since 2001

A Visiting Scholar at the Center for Statistical Sciences at the University of Texas at Austin since 2001

Serving on the VCU Business School Technology committee since 1999 and Global Scholar Committee since 2000

A member of the Kulp-Wright book Award Committee for ARIA, 2000

A member of the Risk Theory Seminar, since 1998

A Fellow of the Center for Statistical Sciences at the University of Texas at Austin since 1996

Serving as a blind referee for the Journal of Insurance Issues since 1999

Serving as a blind referee for the Journal of Risk and Insurance since 1999

Serving on the selection committee for the 1998 winning article of the Journal of Risk and Insurance, 1999

Serving on the selection committee for the 1997 winning article of the Journal of Insurance Regulation, 1998

Serving on the VCU Business School Undergraduate Curriculum committee, 1997 and 1998. Continuing a second term, 1999

Served on the ARIA committee for the 1997 Les B. Strickler Innovation in Instruction Award, 1997

A member of the Insurance Committee of the Richmond JCC, 1995-1998

A member of the Human Resource Committee of the Richmond JCC, 1995-1998

Served on the VCU Business school scholarship committee, 1997

Served on the VCU Business School’s FIRE Department Salary Committee, 1997

Chaired the Texas Department of Insurance Statistical Data Collection, 1991-1993

Participated in NAIC Research and Development (for financial analysis) Working Group, 1991-1994

Participated in the NAIC Life/Health, Property/Casualty, and Health Organizations Risk Based Capital Working Groups, 1991-1994

Participated in the NAIC Invested Assets Working Group – 1991-1994

Participated in the Texas Workers' Compensation Facility Rating Committee, 1991

ARIA’s Les B. Strickler Innovation in Instruction Award, 2001

A Member of the Risk Theory Seminar, the Financial Management Association (FMA), the American Finance Association, the Society of Insurance Research, the American Risk and Insurance Association (ARIA), and the Southern Risk and Insurance Association (SRIA). A former Western Zone Coordinator for the Journal of Insurance Regulation, Insurance Chair for the Austin Jewish Federation, Finance Chair for the Austin Jewish Book Fair, and Education Vice President of the Morrow Street Toastmaster Club. A Recipient of 1990 Spencer Scholarship Award (RIMS), the 1989 Vestal Lemmon Presidential Scholarship at the University of Texas at Austin, and numerous Scholarships from the Gus S. Wortham Trust. A Recipient of special Ph.D. Award from the Texas Department of Insurance. A recipient of the 1995 and 1996 research awards from the International Insurance Society, and 1997, 1998, 2000, 2001 and 2002 VCU Business School Research awards.

Attended:

Financial Risk Management Symposium at the Chicago Federal Reserves Bank – September, 2000

Risk 2000 – Boston, June, 2000

Securitization in Insurance by the Risk conferences – NYC, March 23-24, 1998 and December, 1999

Benefits Update by the Council on Education management – Richmond, VA, January 14-15, 1999

Insurance education: Educational consultant to the Academy of Insurance Education of the National Association of Insurance Brokers (NAIB) creating educational audiovisual materials for five courses for continuing education credits for agents and brokers on the following topics: General Liability, Workers Compensation, Reinsurance, Ethics, Alternative Risk Financing

Risk management: Profiling of risk financing alternatives for school districts via statistical modeling for the Texas Association of School Boards (TASB)

Market research for the Texas Association of school Boards for the workers’ compensation, health, property/casualty and unemployment compensation pools.

Insurance law and regulation: Consultant to Legal Research Network on regulatory issues

Litigation support: Expert witness on insurance issues