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Automobile Insurance: Road Safety, New Drivers, Risks, Insurance Fraud and Regulation (Huebner International Series on Risk, Insurance and Economic Security)
 
 
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Automobile Insurance: Road Safety, New Drivers, Risks, Insurance Fraud and Regulation (Huebner International Series on Risk, Insurance and Economic Security) (Hardcover)

by Georges Dionne (Editor), Claire Laberge-Nadeau (Editor) "Modern insurance economics has been deeply influenced by the recent developments of contract theory..." (more)
Key Phrases: dollar threshold states, residual adverse selection, costly state falsification, New York, United States, New Zealand (more...)
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Product Description
Motor vehicle accidents are still a leading cause of death, even if the trend has somewhat declined over the past 20 years. Indeed, motor vehicle accidents are a significant cause of death in comparison with air and space transport accidents, homicides and even HIV infections, causes which are more often highlighted in the media. As shown in this book, motor vehicle accidents are particularly damaging to very young drivers. The assessment of driving risks is a common concern for road transportation safety and the automobile insurance industry. In both cases, there is an awareness of the great losses resulting from the deaths, injuries and property damage caused by traffic accidents. Research is essential to counteract this public health threat, to assess the success or failure of countermeasures, and to solve the problems it generates in the insurance industry. This book is for people concerned about road crashes (prevention and compensation) and about the insurance problems they pose -- namely private and public institutional authorities, consultants, administrators, practitioners, and researchers interested in sharing the authors' experience in this domain. The book presents original contributions related to motor vehicle insurance and road safety. All papers have been evaluated by external referees. Four subjects are covered: 1) Automobile Insurance Pricing, Risks and Asymmetric Information; 2) Insurance Fraud; 3) Young Drivers: Licensing Policies, Evaluation and Risks; and 4) Road Insurance Regulation.

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Inside This Book (learn more)
First Sentence:
Modern insurance economics has been deeply influenced by the recent developments of contract theory. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
dollar threshold states, residual adverse selection, costly state falsification, monthly crash rates, risk classification variables, young driver problem, claims for nonexistent injuries, residual moral hazard, successful fraudulent claim, year following licensing, soft injuries, verbal threshold states, graduated driver licensing system, bodily injury liability claims, soft claims, deductible choice, graduated licensing program, reference category reference category, excess claiming, tort states, costly state verification model, zero blood alcohol concentration, graduated licensing system, young novice drivers, lower crash rates
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, United States, New Zealand, Georges Dionne, Insurance Research Council, National Highway Traffic Safety Administration, Journal of Political Economy, Kluwer Academic Publishers, Department of Transportation, Estimated Coeff, British Columbia, Academic Press, Best Guess Assumption, Journal of Insurance Regulation, Journal of Safety Research, North America, Nova Scotia, Quarterly Journal of Economics, Risk Management Chair, Santa Monica, Université de Montréal, All-Industry Research Advisory Council, European Economic Review, Journal of Public Economics, Los Angeles
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