CHAMPAIGN, Ill. - University of Illinois finance professor Jeffrey R. Brown has been elected to the board of directors of the American Risk and Insurance Association.
The organization promotes academic research to support the nation's insurance industry and to improve and expand classroom instruction in risk management and insurance. Founded in 1932, the association comprises academic experts and professionals who work in the insurance industry.
Brown is the William Karnes Professor of Finance in the nationally ranked U. of I. College of Business and also serves as the director of its Center for Business and Public Policy.
He was a senior economic adviser for the White House Council of Economic Advisers in 2001-02, focusing primarily on Social Security, pension reform and terrorism risk insurance. He also served on the staff of the President's Commission to Strengthen Social Security in 2001, and is a former member of the bipartisan Social Security Advisory Board.
Brown, who joined the U. of I. finance faculty in 2002, also is a research associate with the National Bureau of Economic Research, a trustee of the Teachers Insurance and Annuity Association of America, a fellow of the TIAA-CREF Institute and a member of the American Economic Association.
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