New York City Campus Closed: Tuesday, March 17

Due to infrastructure work at 1855 Broadway, all buildings on the New York City campus will be closed on Tuesday, March 17. Employees should work remotely. It is anticipated that all buildings EXCEPT 1855 Broadway will reopen with full services on Wednesday, March 18. We will update information as soon as it becomes available.

Hu Interviewed About Insurance Costs

March 14, 2024

Wenyao Hu, Ph.D., CFA, assistant professor of finance and accounting, shared insight for the WalletHub article “What Are the Top 10 Cheapest States for Car Insurance?” Hu addresses the fairness of factors that can increase premiums, including age and occupation. When asked whether it’s fair for car insurance companies to consider a driver’s occupation in setting premiums, he says, “Yes, it’s fair. If your job involves a lot of night driving or being on the road constantly, you’re at a higher risk of accidents. [Having these individuals] paying a bit more ensures the insurance pot is fairly distributed among those who need it.”