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University of Pennsylvania Wharton School
(98 Total References)
The College's founder, University of ...
The College's founder, University of Pennsylvania Wharton School professor Solomon S. Huebner, Ph.D., created the CLU® program to meet the career education needs of men and women in life insurance and related financial services.
A Brief History of Human Capital
Solomon Huebner, the founder of the American College of Life Insurance at the University of Pennsylvania, stated in 1914 that human life value should be afforded the same scientific treatment as is applied to conventional capital.
The institution was founded as The ...
The institution was founded as The American College of Life Underwriters in 1927 by Solomon S. Huebner of the Wharton School at the University of Pennsylvania.
Huebner was a professional involved in the development of economic theory.
His theory of human life value is used in the field of insurance.
It was his vision for a college-level professional education program for insurance agents that led to the creation of The American College.
That edition was published in 1915 and authored by Dr. Solomon S. Huebner, founder of the Wharton School's insurance program and of the Chartered Life Underwriter certification program.
Solomon S. Huebner
, the sole author of this text until 1958, is often called the "father of insurance education" in the United States.
He taught the first courses ever given in insurance and established (1913) and chaired the nation's first academic department of insurance at the Wharton School, University of Pennsylvania.
Wharton doctoral thesis concerned foreign-trade aspects of marine insurance, he
invited life insurance managers to lecture to his
early Wharton students.
quickly realized the urgent need for uniformity, fairness, and honesty in the life insurance industry.
authored several path breaking insurance textbooks, including the first edition of this volume, published in 1915.
Since that time, succeeding editions have been in continuous use both at the university level and in professional programs.
invited Dr. Kenneth Black Jr. to join him as coauthor of this text in 1958.
Dr. Huebner was active in both academic and professional circles, serving as President of the American Risk and Insurance Association (ARIA).
was made a Laureate
of The Insurance Hall of Fame
, International Insurance Society, Inc.
in 1957, its inaugural year.
Dr. Huebner retired from the University of Pennsylvania in 1953 and died in 1964.
The Huebner Foundation and Geneva Association
Named for the legendary founder of university-level insurance education, Dr. Solomon S. Huebner, a Wharton professor who taught the first collegiate insurance course a century ago, the Foundation was established by grateful industry leaders who recognized the importance of teaching insurance in institutions of higher learning.Today, as during Dr. Huebner's time, Wharton is widely regarded as having the world's premier faculty of risk management and insurance.
With the financial support of the insurance industry, the Foundation accomplishes its objectives by providing fellowship grants to the most promising scholars pursuing the Ph.D. and by financing and publishing research.The success of the program may be measured by the contributions of Huebner Alumni who have taken leadership positions in many universities and in professional insurance education institutions.