The Effect Of No Fault Automobile Insurance On Driver Behavior And Automobile Accidents In The United States

Author : David S. Loughran
Publisher : Rand Corporation
Page : 44 pages
File Size : 50,5 Mb
Release : 2001
Category : Health & Fitness
ISBN : 0833030213

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The Effect of No-fault Automobile Insurance on Driver Behavior and Automobile Accidents in the United States by David S. Loughran Pdf

No-fault auto insurance opponents frequently argue that no-fault may ultimately lead to higher auto insurance costs by reducing drivers' incentives to drive carefully and thereby increasing the accident rate. The intuition behind this criticism of no-fault is simple: No-fault auto insurance lowers the cost of driving negligently by limiting first-party liability for the injuries suffered by third-parties in auto accidents. This book evaluates this criticism of no-fault by examining trends in fatal and non-fatal automobile accidents rates and rates of driver negligence in the United States between 1967 and 1989. Contrary to some earlier research, the author finds no evidence that the adoption of no-fault auto insurance between 1971 and 1976 in 16 states increased fatal accident rates in those states. This book also finds no correlation between the presence of no-fault auto insurance and a state's overall accident rate or rate of driver negligence.

Author : James M. Anderson,Paul Heaton,Stephen J. Carroll
Publisher : Rand Corporation
Page : 191 pages
File Size : 48,6 Mb
Release : 2010
Category : Business & Economics
ISBN : 9780833049162

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The U.S. Experience with No-fault Automobile Insurance by James M. Anderson,Paul Heaton,Stephen J. Carroll Pdf

"No-fault automobile-insurance regimes were the culmination of decades of dissatisfaction with the use of the traditional tort system for compensating victims of automobile accidents. They promised quicker, fairer, less-contentious, and, it was hoped, less-expensive resolution of automobile-accident injuries. This monograph considers how these plans have fared. After reviewing the intellectual and political history of no-fault auto insurance, the monograph concludes that no-fault lost political popularity because of the perception that it did not deliver the promised consumer premium cost reductions. Analysis of data from a variety of sources confirms this view, demonstrating that premiums and claim costs have become substantially larger in no-fault states than in other states over time. These cost increases can be traced to a variety of factors, including growth in excess claiming in no-fault states and convergence between no-fault and tort states in litigation patterns and noneconomic-damage payments. However, the primary driver of no-fault's cost growth has been high medical costs. The extent to which these additional costs represent augmented utilization of medical services rather than cost shifting from the medical insurance system to the automobile insurance system remains unclear." --Back cover.

Author : United States. Department of Transportation. Automobile Insurance and Compensation Study
Publisher : Unknown
Page : 226 pages
File Size : 55,8 Mb
Release : 1970
Category : Automobile drivers
ISBN : IND:30000066227020

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Driver Behavior and Accident Involvement by United States. Department of Transportation. Automobile Insurance and Compensation Study Pdf

Author : Georges Dionne,Claire Laberge-Nadeau
Publisher : Springer Science & Business Media
Page : 369 pages
File Size : 52,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461540588

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Automobile Insurance: Road Safety, New Drivers, Risks, Insurance Fraud and Regulation by Georges Dionne,Claire Laberge-Nadeau Pdf

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.

Author : Edward L. Jr. Lascher,Michael R. Powers
Publisher : Springer Science & Business Media
Page : 346 pages
File Size : 55,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461515418

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The Economics and Politics of Choice No-Fault Insurance by Edward L. Jr. Lascher,Michael R. Powers Pdf

In recent years, choice no-fault has emerged as a popular but controversial proposal for addressing the problem of high automobile insurance rates. Choice plans offer consumers the option of a lower-cost insurance policy with restrictions on filing lawsuits or a higher-cost policy with full tort rights. Some American states have implemented choice programs, and major federal choice legislation is now pending in the United States Congress. Choice no-fault has caught the attention of policy makers, the insurance industry, and academics. Until now, however, no single book has pulled together the available research on the topic. The Economics and Politics of Choice No-Fault Insurance fills that gap. Edited by scholars from different disciplines, each of whom has written extensively on automobile insurance issues, the book includes some of the best work in the area. Former Massachusetts Governor and presidential candidate Michael S. Dukakis wrote the foreword. Contributors include University of Virginia Law Professor Jeffrey O'Connell, widely considered the `father of no-fault,' as well as authors of the influential RAND study of the potential effects of choice no-fault on insurance rates. The book chapters, most of which were written especially for this volume, cover topics ranging from the impact of choice no-fault on accidents and driving behavior, to the effects of choice on medical care usage, to alternative approaches for resolving accidents involving both `no-fault' and `tort' electors, to the political feasibility of choice legislative proposals. Emphasis on the potential advantages of choice no-fault is balanced by consideration of possible ill effects.

Author : United States. Department of Transportation. Automobile Insurance and Compensation Study
Publisher : Unknown
Page : 56 pages
File Size : 53,7 Mb
Release : 1970
Category : Automobile insurance
ISBN : STANFORD:36105131449840

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Public Attitudes Supplement to the Economic Consequences of Automobile Accident Injuries by United States. Department of Transportation. Automobile Insurance and Compensation Study Pdf

Author : Peter Kinzler
Publisher : University Press of Kansas
Page : 308 pages
File Size : 40,6 Mb
Release : 2021-06-23
Category : Political Science
ISBN : 9780700632299

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Highway Robbery by Peter Kinzler Pdf

In Highway Robbery Peter Kinzler delivers a fast-paced behind-the-scenes account of two federal legislative efforts twenty years apart—one from the political left and one from the right—to reform America’s auto insurance system to make it fairer and more affordable. He explains how the legislation was designed to achieve those objectives and describes the political challenge of trying to overcome the entrenched special interest opposition of those who stood to lose billions—trial lawyers and insurers—if the new no-fault system were adopted. Highway Robbery provides readers with both a primer on how fault and liability auto insurance, no-fault, and no-fault choice insurance policies work and who benefits most from which system. Peter Kinzler, with years of experience as a congressional staffer and in the private sector, is the perfect guide through these important policy and political fights, enlivened with revealing firsthand sketches of the legislators, staffers, academics, and lobbyists who played major roles in these attempts as well as their interplay with each other. Drawing upon his decades of engagement with the issues, Kinzler shows how thoughtful and skilled members of Congress, good staff, and thorough academic research can lay the groundwork for important reform legislation; in doing so he provides a model for restoring Congress’s effectiveness, whenever it chooses to resume exercising its constitutional authority as the legislative branch of government. Highway Robbery details how the trial bar used the levers of political power first to undermine state no-fault laws and then to use the weaknesses they had implemented in the laws to undermine passage of federal legislation. It also describes the surprising alliance in opposition between the trial bar and famed consumer advocate Ralph Nader. No-fault continues to hold the promise of better compensation and dramatic premium reductions, with the largest savings available to those who need them most—low- and moderate-income drivers. The most likely scenario for further federal consideration of auto insurance reform would be in the context of congressional action on universal health insurance.

Author : United States. Congress. Senate. Committee on Commerce
Publisher : Unknown
Page : 64 pages
File Size : 52,9 Mb
Release : 1972
Category : Insurance, No-fault automobile
ISBN : UOM:39015074750160

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The National No-fault Motor Vehicle Insurance Act by United States. Congress. Senate. Committee on Commerce Pdf

Author : Jennifer Arlen
Publisher : Edward Elgar Publishing
Page : 668 pages
File Size : 46,6 Mb
Release : 2013-11-29
Category : Law
ISBN : 9781781006177

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Research Handbook on the Economics of Torts by Jennifer Arlen Pdf

Focusing on issues of vital importance to those seeking to understand and reform the tort system, this volume takes a multi-disciplinary approach, including theoretical economic analysis, empirical analysis, socio-economic analysis, and behavioral anal

Author : A. Mitchell Polinsky,Steven Shavell
Publisher : Elsevier
Page : 887 pages
File Size : 50,5 Mb
Release : 2007-11-07
Category : Law
ISBN : 9780080554242

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Handbook of Law and Economics by A. Mitchell Polinsky,Steven Shavell Pdf

Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions — for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. Our hope is that this two volume Handbook will foster the study of the legal system by economists. *The two volumes form a comprehensive and accessible survey of the current state of the field.*Chapters prepared by leading specialists of the area.*Summarizes received results as well as new developments.

Author : James M. Anderson,Paul Heaton,Stephen J. Carroll
Publisher : Rand Corporation
Page : 191 pages
File Size : 50,7 Mb
Release : 2010-02-15
Category : Business & Economics
ISBN : 9780833049469

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The U.S. Experience with No-Fault Automobile Insurance by James M. Anderson,Paul Heaton,Stephen J. Carroll Pdf

No-fault regimes, a formerly popular alternative to the tort compensation system for auto-accident victims, have gradually lost support. Over time, premiums and claim costs have grown in no-fault states relative to other states, primarily driven by explosive medical cost increases. No-fault and tort states have also converged across many domains affecting costs, including excess claiming, litigation patterns, and noneconomic-damage payments.

Author : Lisa Lewis
Publisher : Lulu.com
Page : 306 pages
File Size : 43,9 Mb
Release : 2006-03-01
Category : Transportation
ISBN : 9781411681569

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It's No Accident by Lisa Lewis Pdf

For more than 30 years, the government has been ramming cars into walls in an effort to make car crashes safe. The public has been conditioned to believe that seatbelts, airbags and more "crashworthy" vehicles are the best ways to protect us from harm on the roads. Meanwhile, the most basic strategies to deter dangerous driving and prevent crashes have been ignored. "It's No Accident" provides a rare glimpse into how the government got seduced by the promise of "safe crashing." It then examines the major factors involved in crashes today, including speeding, aggressive driving, distracted (e.g. cell phones) and drowsy driving. The author reveals that many dangerous behaviors are now legally PROMOTED by businesses, and that drivers who kill often walk away with just a small fine. This well-documented expose is a must-read for anyone concerned about violent death and injury on our roads and how to stop it. **Questions about this book or trouble with your order? E-mail [email protected]

Author : Michael Faure
Publisher : Edward Elgar Publishing
Page : 565 pages
File Size : 45,8 Mb
Release : 2009-01-01
Category : Law
ISBN : 9781848447301

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Tort Law and Economics by Michael Faure Pdf

The central goal of this book is to provide a state-of-the-art overview of the literature with respect to the economic analysis of tort law. It sure meets the challenge, offering with great expertise a comprehensive presentation of tort law in both economic and comparative perspectives. The clarity of the text, unusual in the law and economics literature, makes the book accessible to a broad readership of economists with a limited legal background and lawyers with limited economic skills. Olivier Moreteau, Louisiana State University, US Tort Law and Economics, ed. Michael Faure, provides a highly useful economic overview of the most important topics of tort law. The authors clearly show the main developments of the discussion, examining the results of recent studies and stating their own opinions. Detailed bibliographies are included. The volume has to be warmly recommended to friends and foes of economic analysis who are provided with a comprehensive update in this field while also indicating areas which critics have to focus on. Helmut Koziol, European Centre of Tort and Insurance Law, Austria This volume provides a state-of-the-art overview of the literature on the economic analysis of tort law. In sixteen chapters, the specialist authors guide the reader through the often vast literature in each domain providing a balanced and comprehensive summary. Particular attention is paid to the evolution of the field, further refinements to economic models and relevant conclusions and lessons for the policymaker. Tort Law and Economics is part of the Encyclopedia of Law and Economics, and enables readers, some not familiar with law and economics, to obtain an insight in the relevant economic literature concerning tort law and economics. This book will be of interest to lawyers and economists, practitioners and academics interested in accident law, tort law, insurance and regulation. It will also appeal to students in economic analysis of law and policymakers working on prevention of accidents, tort law or compensation of accident victims.

Author : Kenneth S. Abraham
Publisher : Harvard University Press
Page : 287 pages
File Size : 54,8 Mb
Release : 2008-03-31
Category : Law
ISBN : 9780674265547

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The Liability Century by Kenneth S. Abraham Pdf

Kenneth Abraham explores the development and interdependency of the tort liability regime and the insurance system in the United States during the twentieth century and beyond, including the events of September 11, 2001. From its beginning late in the nineteenth century, the availability of liability insurance led to the creation of new forms of liability, heavily influenced expansion of the liabilities that already existed, and continually promoted increases in the amount of money that was awarded in tort suits. A “liability-and-insurance spiral” emerged, in which the availability of liability insurance encouraged the imposition of more liability, and, in turn, the imposition of liability encouraged the further spread of insurance. Liability insurance was not merely a source of funding for ever-greater amounts of tort liability. Liability insurers came to dominate tort litigation. They defended lawsuits against their policyholders, and they decided which cases to settle, fight, or appeal. The very idea behind insurance––that spreading losses among large numbers of policyholders is desirable––came to influence the ideology of tort law. To serve the aim of loss spreading, liability had to expand. Today the tort liability and insurance systems constantly interact, and to reform one the role of the other must be fully understood.

Author : United States. Congress. Senate. Committee on Commerce
Publisher : Unknown
Page : 412 pages
File Size : 41,6 Mb
Release : 1973
Category : No-fault automobile insurance
ISBN : UOM:39015071091378

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National No-fault Motor Vehicle Insurance Act by United States. Congress. Senate. Committee on Commerce Pdf