Automobile Insurance: Canadian Accident-Free Classification System

The Effect of Automobile Insurance and Accident Liability Laws on Traffic Fatalities*

This paper investigates the incentive effects of automobile insurance, compulsory insurance laws, and no-fault liability laws on driver behavior and traffic fatalities. We analyze a panel of 50 U.S. states and the District of Columbia for 1970–98, a period in which many states adopted compulsory insurance regulations and/or nofault laws. Using an instrumental variables approach, we find evidenc...

Accident-proneness in Attempted Suicide and in Automobile Accident Victims.

Claims Auditing in Automobile Insurance

Research on insurer management of opportunism in claiming has developed in two parallel literatures. One is a theoretical literature on insurance contracting that yields predictions about the nature of optimal auditing strategies for the deterrence of fraud. The other is a literature based upon statistical analysis of claims that yields empirical strategies for the detection of fraudulent claim...

The Automobile Insurance Industry and Federal Takeover

It is part of the badge of being a red-blooded American businessman to oppose government regulation of business and-as the ultimate anathema-to oppose government takeover, i.e., government operation of an enterprise that might otherwise be run by private business. Although the insurance industry has long been regulated on the state level, there seems little or no fear of takeover by state gover...

Service Quality in Private Passenger Automobile Insurance

This study extends previous research on service quality in the private passenger automobile insurance industry by providing empirical evidence using an improved proxy for the value of service. The endogeneity of the value of service is recognized and treated statistically with the two-stage least squares approach. The empirical model also includes a number of control variables that affect the s...