Dr. Gene Lai earned his Ph.D. in risk management, insurance and finance from the University of Texas at Austin. He is currently chair of the WSU Carson College of Business Department of Finance and Management Science as well as a Safeco Distinguished Professor of Insurance. Dr. Lai’s finance expertise is in the areas of market efficiency and corporate finance. He also has expertise in risk management and insurance. Dr. Lai is a member of the American Risk and Insurance Association, Asia-Pacific Risk and Insurance Association, Financial Management Association, Risk Theory Society, and Western Risk and Insurance Association. His primary research focuses on alternative risk financing, efficiency issues, underwriting cycles, stock repurchase, dividend policy, and corporate governance.