INTRODUCTION This is second installment of a history of American Risk and Insurance Association, covering postwar years through early 1960s. This was era of growth and expansion for universities, spurred by impact of GI Bill benefits that allowed many veterans to attain college education that was only a dream at time of their enlistments. The basis of these comments is mainly written records of association, supported here and there by independent source. THE POSTWAR ERA Because of war, 1942, 1943, and 1944 annual meetings of American Association of University Teachers of Insurance (AAUTI) had been cancelled. An annual volume on a current topic was published each year in lieu of meeting proceedings. In volume published in March 1945, President Frank G. Dickinson (American Medical Association) reported that he had two principal goals for his term of office. He hoped to establish literature prize, and he planned to explore possibilities of publishing a quarterly journal soon after war. The first goal proved easier to accomplish. The Executive Committee established Elizur Wright Insurance Literature Prize and named as 1944 winner Malvin E. Davis for his book Industrial Life Insurance. Davis was associate actuary of Metropolitan Life Insurance Company. The prize included a certificate and a cash award of $250. An anonymous donor, described by Executive Committee in March 1945 issue of Journal of American Association of University Teachers of Insurance as an outstanding insurance executive in Middle West, funded prize. By next year, a committee had been established to review submissions for Wright award. The formation of Wright Award Committee brought number of standing committees for association to six. As for journal, it was, like many association issues, discussed a number of times and worked on by various committees. Its development illustrates way association evolves, with many accomplishments following a fits and starts course to a final resolution. Dickinson had hoped to obtain 1,000 prepaid subscriptions at five dollars per year. It would be several years before journal became a reality. Table 1 lays out some of major developments in moving toward a true academic journal. Other significant issues that would be on association's agenda included membership growth and a possible name change. Issues that would be of lesser importance included establishment of a faculty fellows program, consideration of regional chapters of association, and relationships with insurance industry. Discussions of changes in annual meeting and of formation of a fraternity/society for students of insurance would also take place. ESTABLISHING AN ACADEMIC JOURNAL As noted in Table 1, year 1957 brought changes in association's journal, in name, in format, and in editor. During that year a group called Society for Insurance Research decided to join AAUTI. (It would later be reported that cost of assuming that group's liabilities was $307.62.) This group had published a periodical entitled Review of Insurance Studies. The contents of all three years of that publication were listed in first edition of Journal of Insurance. William T. Beadles was not only first vice president of association but also business manager for Journal of Insurance at its founding. (In 1957 there was a motion to appoint a new business manager for journal for purpose of obtaining more advertising.) The Journal of Insurance was subject of some serious discussion during its early years, discussion that would result in reappointment of John Bickley as editor. The journal was having problems with its publication schedule. Professor Bickley assured members that the four 1958 issues of journal will be published on time. …