Share This Profile
Share this profile on Facebook.
Link to this profile on LinkedIn.
Tweet this profile on Twitter.
Email a link to this profile.
See other services through which you can share this profile.
This profile was last updated on 9/7/12  and contains information from public web pages.

Dr. Solomon S. Huebner

Wrong Dr. Solomon S. Huebner?
 
Background

Employment History

Board Memberships and Affiliations

  • Founder
    American College of Life Insurance at the University of Pennsylvania
  • Founder
    Insurance Department
  • Founder
    The American College
  • Founder
    American College of Insurance and Financial Services

Education

  • Two Rivers High School
  • Bachelor of Letters
    University of Wisconsin
  • Master
  • Ph.D.
92 Total References
Web References
The foundation is named for the ...
www.insurancenewsnet.com, 7 Sept 2012 [cached]
The foundation is named for the father of collegiate insurance education, Solomon S. Huebner of the Wharton School of Business, the University of Pennsylvania.
The Huebner Foundation and Geneva Association
www.huebnergeneva.org, 9 Nov 2007 [cached]
The founders named this new joint enterprise after Wharton professor, Solomon S. Huebner, whose life's work was focused on the advancement of insurance education.In 1904, Dr. Huebner taught the first organized course on the economics of insurance ever offered at the collegiate level.His courses were so popular that insurance was accorded departmental status at the Wharton School in 1913, making it one of the school's oldest departments.There were no textbooks in insurance until Dr. Huebner wrote pioneering texts on life insurance, property insurance and marine insurance.While at Wharton, Dr. Huebner also founded both the American College in 1927 and the American Institute for Chartered Property Casualty Underwriters in 1942.Given Dr. Huebner's dedication to insurance education, it was not surprising that the founders decided to name the Foundation in his honor.
One of the principal objectives of the Huebner Foundation is the strengthening of collegiate insurance education by increasing the number of professors specializing in insurance.With the financial support of the insurance industry, the Foundation accomplishes this objective by providing fellowship grants to students pursuing the Ph.D. degree at the Wharton School.Huebner fellows receive the highest quality of education from the Insurance and Risk Management faculty at Wharton, widely recognized as the best in the world.The Foundation has enjoyed great success in this regard, as a high proportion of the professors of insurance in North America are former Huebner fellows.Huebner alumni hold prominent positions at U.S. and Canadian universities, including those schools that are recognized as leaders in undergraduate insurance education, including Georgia State University, the University of Hartford, Florida State University, the University of Georgia, Temple University, Laval University, the University of Calgary and the University of Wisconsin-Madison.
...
Huebner alumni have written much of the literature on risk and insurance, including textbooks and original research.
Dr. Solomon S. Huebner The ...
www.TheWealthChannel.com, 20 April 2010 [cached]
Dr. Solomon S. Huebner The father of life insurance and founder of The American College
...
Solomon Stephen Huebner is considered by many to be the most important individual in the history of insurance in America in the last 100 years. He shaped the course of the life insurance/financial services industry and professional education for agents.
Huebner was born on March 6, 1882 in Manitowoc, WI, on the shores of Lake Michigan. Raised on a 200-acre farm, his parents (Frederick and Wilhelmina) were major landholders and members of educated Wisconsin families. They instilled in him a strong belief in freedom, religion and in the value and power of education. They taught him to work hard and to be committed to the highest standards of personal integrity.
Huebner graduated from Two Rivers High School at age 16 in 1898. After being elected class valedictorian, his education continued at the University of Wisconsin where he was awarded a Bachelor of Letters in 1902. In addition, he was elected to Phi Beta Kappa and earned the Master of Letters the following year. His thesis was entitled: "The Distribution of Stock Holdings in American Railways. Published in Railway Age, it so impressed the University of Pennsylvania officials that Huebner was awarded a Harrison Fellowship in Economics. Because he was biking in Europe that summer with a friend, he did not receive the letter from American Express until one month after it had been sent from Philadelphia. Huebner eagerly rushed to Philadelphia via boat from Naples, Italy, and gladly accepted the scholarship offer.
So began a new chapter in his life at the University of Pennsylvania. He pursued his studies for the degree of Doctor of Philosophy, which included satisfying the University's requirement of a two-year residency. When he received his Ph.D. in 1905, Huebner was highly acclaimed for receiving it in the shortest time possible and was among the youngest students to receive that honor in UP history. He was only 23 years old.
Huebner may be best known for his work in life insurance education, but he was also an expert in the fields of economics, property/casualty insurance and marine insurance. He began teaching the first organized courses in the world on the Stock Exchange and the "Economics of Insurance" at the University of Pennsylvania in the fall of 1904. At that time "Applied Economics" was viewed with some disdain by the classical economists at most universities.
Huebner's research led him to the realization that no leading business school in the United States offered any type of insurance-related coursework. He applied and became the first instructor of Insurance at Wharton with an annual salary of $500. The life insurance field was getting much publicity at that time because of the Armstrong Investigation in New York State.
...
Many years later, Huebner said that the Investigation and corrective legislation that followed was "one of the best things to ever happen to life insurance. He felt it put the business on an upward curve.
Huebner rose quickly through the teaching ranks to assistant professorship (1906); professor of insurance and commerce (1908); and in 1913, head of the University of Pennsylvania Insurance Department.
...
Besides his University activities, Huebner strongly believed in the need for a professional education program in life insurance. In major addresses in 1914 in Baltimore, MD, and Cincinnati, OH, he outlined his educational ideas for a designation that would be "comparable to a CPA. Speaking at the 25th Annual Convention of the National Association of Life Underwriters (NALU, now the National Association of Insurance and Financial Advisors or NAIFA), Huebner described life insurance as, "a human agency so universally needed but so little understood. It will be conceded that it is high time that a proper public opinion should be developed and that much of the opinion now existing should be changed. Thirteen years later, the founding of The American College made Huebner's dream a reality. In his NALU speech, Huebner also highlighted the importance of education for women, stating, "Woman, after all, is the real cause of life insurance ... She has certainly not yet become the dynamic force in Life Insurance that it is her duty to be. Like man, she must be set to thinking on this important subject and be educated to the point of having a definite habit of thought. This was in 1914, six years before women won the right to vote!
Huebner was also a "pioneer author" in many areas of finance and insurance. He wrote the very first life insurance textbook in 1915, which became the standard text for future CLU® students. Other first textbooks were penned by Huebner on the stock market, stock exchange, bonds, bond market, organized commodity markets and property insurance. He also authored texts on the "economics of life insurance" and "life insurance as an investment."
His strong work ethic led him into service for the US government. He was an adviser to a Congressional Committee from 1912 to 1923. He created the U.S. Shipping Board and helped to form the American Marine Insurance Syndicate. These agencies exist today as the U.S. Maritime Administration of the U.S. Department of Transportation and the American Hull Insurance Syndicate. Dr. Huebner also drafted the "Marine Insurance Act of 1922.
...
Despite never having sold a dollar's worth of insurance himself, Huebner has left an indelible mark on the insurance/financial services profession. The author gratefully acknowledges various works written on the life of Dr. Huebner by Mildred Stone, Marjorie Fletcher, David McCahan, Davis Gregg and Harold Stassen that were used as source material for this article.
A Brief History of Human Capital
www.litigationanalytics.com, 25 Jan 2008 [cached]
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.
Solomon S. Huebner (1882-1964), ...
lowermerionhistory.org [cached]
Solomon S. Huebner (1882-1964), international pioneer in finance and insurance, lived in Merion for fifty years. While professor of insurance and commerce at the University of Pennsylvania's Wharton School of Business, a post he held for forty-nine years, he established an Insurance Department that gained world renown, attracting large numbers of international students. An author and editor of many textbooks on the stock market, and on life, property, and marine insurance, he envisioned a professional designation for the life insurance business similar to that of Certified Public Accountant. His dream was actualized in 1927 when the American College, a fully accredited non-traditional educational institution awarding the Chartered Life Underwriter (CLU) designation and the Master of Science in Financial Services degree, was founded in Bryn Mawr, Delaware County. Later the CPCU designation was added for the Chartered Property and Casualty Underwriter.
Dr. Huebner served the United States government as an expert adviser to committees concerned with risk and insurance in shipping during World War I. During World War II he served on the War Department Advisory Committee on Insurance and as a special adviser to the Aeronautics Board. He lectured on finance and insurance in many countries of Europe and Asia. The emperor of Japan awarded him one of Japan's top honors for his contribution to the welfare of the Japanese insurance industry.
...
The Main Line branch of Solomon Schechter day schools, formerly in the Main Line Reform Temple, Wynnewood, occupied buildings of the former convent and day school of the Sacred Heart at City Line and Haverford Avenue in 1980.
Other People with the name "Huebner":
Accelerate your business with the industry's most comprehensive profiles on business people and companies.
Find business contacts by city, industry and title. Our B2B directory has just-verified and in-depth profiles, plus the market's top tools for searching, targeting and tracking.
Atlanta | Boston | Chicago | Houston | Los Angeles | New York
Browse ZoomInfo's business people directory. Our professional profiles include verified contact information, biography, work history, affiliations and more.
Browse ZoomInfo's company directory. Our company profiles include corporate background information, detailed descriptions, and links to comprehensive employee profiles with verified contact information.
zirhbt201304