Introduces students to the principles governing the creation, sale, and enforcement of the most common forms of insurance in the United States. Explores personal liability, professional liability, commercial general liability, homeowner's, automobile, life and casualty, and health insurance. Discusses the peculiarities of each line as well as the problems common to all lines: moral hazard, adverse selection, and outright fraud. Covers the social function of insurance, as well as historical anomalies, in order to give students the broadest possible exposure to the issues lawyers confront regularly in this area of practice.