Mylan Reputation at Stake in EpiPen Controversy Article Discussion Article 1: https://archive.triblive.com/business/local-stories/mylan-reputation-at-stake-in-epipen-controversy/
Article 2: https://www.naic.org/cipr_topics/topic_usage_based_insurance.htm
Article 3: The Only Lifeline was the WalMart (pdf)
Homework #2 (Total of 20 points)
In “Mylan Reputation at Stake in EpiPen Controversy” (Topic 3 Core Articles): (7pts.)
In the article, “Usage-Based Insurance and Telematics” (Topic 4 Core Articles): (8 pts.)
In “The Only Lifeline was the WalMart”, (See Topic 2 Core Articles) (5 pts)
How did WalMart plan to keep food from thawing and going bad if power was lost? (2 pts.)
What Risk Management goal did Walmart meet by having a storm response plan in effect? (2 points)
Walmart suffered damage and incurred costs due to Hurricane Katrina. What did it gain?(1 point)
How did Mylan explain the increase in the price of the EpiPen? (2points)
Is there evidence presented in the article as to whether Mylan is a company that highly values ethics? (3 points)
Is Mylan meeting its pre-loss and post-loss risk management goals in your view? Explain your answer. (2points)
What factors do traditional insurers consider to calculate auto insurance premiums? (2 pts.)
What factors do Telematics devices measure to calculate premiums? (2 points)
Overall, which factor is the most reliable in the view of the author to predict future auto accidents and losses for a driver? (2 points)
Can UBI be considered a loss control device? Why or Why not? (2 points) Homework #2 (Total of 20 points)
1. In “Mylan Reputation at Stake in EpiPen Controversy” (Topic 3 Core Articles): (7pts.)
a. How did Mylan explain the increase in the price of the EpiPen? (2points)
b. Is there evidence presented in the article as to whether Mylan is a company that highly
values ethics? (3 points)
c. Is Mylan meeting its pre-loss and post-loss risk management goals in your view? Explain
your answer. (2points)
2. In the article, “Usage-Based Insurance and Telematics” (Topic 4 Core Articles): (8 pts.)
a. What factors do traditional insurers consider to calculate auto insurance premiums? (2 pts.)
b. What factors do Telematics devices measure to calculate premiums? (2 points)
c. Overall, which factor is the most reliable in the view of the author to predict future auto
accidents and losses for a driver? (2 points)
d. Can UBI be considered a loss control device? Why or Why not? (2 points)
3.
In “The Only Lifeline was the WalMart”, (See Topic 2 Core Articles) (5 pts)
a.
How did WalMart plan to keep food from thawing and going bad if power was lost? (2 pts.)
b.
What Risk Management goal did Walmart meet by having a storm response plan in effect? (2
points)
c. Walmart suffered damage and incurred costs due to Hurricane Katrina. What did it
gain?(1 point)
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