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

Motor vehicle accidents are still a leading cause of death, even if the trend has somewhat declined over the past 20 years. The assessment of driving risks is a common concern for road transportation safety and the automobile insurance industry. This text 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. The book presents contributions related to motor vehicle insurance and road safety. All papers have been evaluated by external referees. Four subjects are covered: automobile insurance pricing, risks and asymmetric information; insurance fraud; licensing policies, evaluation and risks with young drivers; and insurance regulation.