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

Abstract

Introduction G. Dionne, C. Laberge-Nadeau. Section 1: Automobile Insurance Pricing, Risks, and Asymmetric Information. 1. Asymmetric Information in Automobile Insurance: An Overview P.-A. Chiappori. 2. Evidence of Adverse Selection in Automobile Insurance Markets G. Dionne, et al. 3. Allowance for Hidden Information by Heterogeneous Models and Applications to Insurance Rating J. Pinquet. 4. Bayesian Analysis of Road Accidents: A General Framework for the Multinomial Case D. Bolduc, S. Bonin. 5. Commercial Vehicle Insurance: Should Fleet Policies Differ From Single Vehicle Plans? C. Fluet. Section 2: Insurance Fraud. 6. Costly State Falsification or Verification? Theory and Evidence from Bodily Injury Liability Claims K.J. Crocker, S. Tennyson. 7. The Frequency of Excess Claims for Automobile Personal Injuries A.F. Abrahamse, S.J. Carroll. 8. When is the Proportion of Criminal Elements Irrelevant? A Study of Insurance Fraud When Insurers Cannot Commit M. Boyer. 9. Insurance Fraud Estimation: More Evidence from the Quebec Automobile Insurance Industry L. Caron, G. Dionne. Section 3: Guest Speakers. 10. The Societe de l'Assurance Automobile du Quebec - An Integrated Model of Action to Insure and Protect People from Risks Inherent in Use of the Road J.-Y. Gagnon. 11. They Cheat, You Pay! R. Medza. Section 4: Young and New Drivers: Licencing Policies, Evaluation and Risks. 12. Graduated Licensing in Quebec: The Search for Balance Between Mobility and Safety C. Dussault, P.Letendre. 13. An Evaluation of the Effects on Crashes of the 1991 Legislative Reform on New Licensees in Quebec U. Maag, et al. 14. Licensing Policies for Young Drivers in the United States A.F. Williams. 15. Reducing the Risk of New Drivers through Legislation and Regulation D. Mayhew. 16. Evaluation of the Accompanied Driver Training by Means of a Markov Chain S. Lassarre, P.-A. Hoyau. 17. Risky Driving by Youth A.J. McKnight. 18. Young People, Alcohol and Risks J.-P. Assailly. Section 5: Road Insurance Regulation. 19. No Fault Automobile Insurance and Accident Severity: Lessons Still to be Learned R.A. Devlin. 20. The Incentive Effects of No Fault Automobile Insurance J.D. Cummins, M.A. Weiss. 21. Estimating the Effects of 'No-Pay, No-Play' Auto Insurance Plans on the Costs of Auto Insurance: The Effects of Proposition 213 S.J. Carroll, A.F. Abrahamse. 22. Analysis of the Economic Impact of Medical and Optometric Driving Standards on Costs Incurred by Trucking Firms and on the Social Costs of Traffic Accidents G. Dionne, et al.