Automobile Insurance: Road Safety, New Drivers, Risks, Insurance Fraud and Regulation

1. Front Matter

   Pages i-xxix

   PDF

2. Asymmetric Information In Automobile Insurance: An Overview

   • Pierre-André Chiappori

   Pages 1-11

3. Evidence of Adverse Selection in Automobile Insurance Markets

   • Georges Dionne, Christian Gouriéroux, Charles Vanasse

   Pages 13-46

4. Allowance for Hidden Information by Heterogeneous Models and Applications to Insurance Rating

   • Jean Pinquet

   Pages 47-78

5. Bayesian Analysis of Road Accidents: A General Framework for The Multinomial Case

   • Denis Bolduc, Sylvie Bonin

   Pages 79-99

6. Commercial Automobile Insurance: Should Fleet Policies Differ from Single Vehicle Plans?

   • Claude Fluet

   Pages 101-117

7. Costly State Falsification or Verification? Theory and Evidence from Bodily Injury Liability Claims

   • Keith J. Crocker, Sharon Tennyson

   Pages 119-130

8. The Frequency of Excess Claims for Automobile Personal Injuries

   • Allan F. Abrahamse, Stephen J. Carroll

   Pages 131-149

9. When is The Proportion of Criminal Elements Irrelevant? A Study of Insurance Fraud When Insurers Cannot Commit

   • Martin Boyer

   Pages 151-173

10. Insurance Fraud Estimation: More Evidence from the Quebec Automobile Insurance Industry

    • Louis Caron, Georges Dionne

    Pages 175-182

11. The Société De L’Assurance Automobile Du Québec — An Integrated Model of Action to Insure and Protect People From the Risks Inherent in Use of the Road

    • Jean-Yves Gagnon

    Pages 183-189

12. They Cheat, You Pay!

    • Raymond Medza

    Pages 191-193

13. Graduated Licensing in Québec: The Search for Balance Between Mobility and Safety

    • Claude Dussault, Patrice Letendre

    Pages 195-200

14. An Evaluation of the Effects on Crashes of the 1991 Legislative Reform on New Licensees in Quebec

    • Urs Maag, Georges Dionne, Denise Desjardins, Stéphane Messier, Claire Laberge-Nadeau

    Pages 201-214

15. Licensing Policies For Young Drivers In The United States

    • Allan F. Williams

    Pages 215-220

16. Reducing the Risk of New Drivers Through Legislation and Regulation

    • Dan Mayhew

    Pages 221-229

17. Evaluation of the Accompanied Driver Training by Means of A Markov Chain

    • Sylvain Lassarre, Pierre-Alain Hoyau

    Pages 231-242

18. Risky Driving by Youth

    • A. James McKnight

    Pages 243-251

19. Young People, Alcohol and Risk

    • Jean-Paul Assailly

    Pages 253-265

20. No-Fault Automobile Insurance and Accident Severity: Lessons Still To Be Learned

    • Rose Anne Devlin

    Pages 267-282

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.

• Institution
• mobility
• rating
• traffic
• transport
• transportation

• HEC, Montréal, Canada

  Georges Dionne

• Université de Montréal, Canada

  Claire Laberge-Nadeau

Policies and ethics