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Record W2319959292 · doi:10.7202/1106943ar

Determinants of Total Compensation forAuto Bodily Injury Liability Under No-Fault:Investigation, Negotiationand the Suspicion of Fraud

2023· article· en· W2319959292 on OpenAlexvenueno aff
Richard A. Derrig, Herbert I. Weisberg

Bibliographic record

VenueAssurances et gestion des risques · 2023
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicLaw, Economics, and Judicial Systems
Canadian institutionsnot available
Fundersnot available
KeywordsCompensation (psychology)NegotiationLiabilityFault (geology)PsychologyComputer securityBusinessActuarial scienceComputer scienceSocial psychologyPolitical scienceLawAccountingSeismology

Abstract

fetched live from OpenAlex

Auto Bodily Injury Liability claim payments are predominantly negotiated settlements, with less than two percent the result of complete litigation and jury trials. All settlements consist of a combination of claimed economic loss, called special damages, and a payment for “pain and suffering”, called general damages. The dependence of the total compensation on a variety of factors relating to the type and magnitudes of the economic losses, medical and wage loss, and to the type and severity of injury has been explored by prior researchers who found medical losses to be the primary determinant of total compensation but they also found that other severity variables play a distinct and significant role in the final settlement values. Further research introduced the notion that both the information gathered in the course of investigation and the adjuster’s attitude toward the quality of the claim, especially the suspicion of fraud, also played a significant role in the final settlement value. Recently, it has been shown that settlement values for subjective injury claims are systematically lower relative to special damages and indicate that insurers use their negotiating power to obtain lower settlements on questionable claims as a rational response to the presence of fraud and build up claims. The current paper extends that research by examining additional variables specifically related to the investigation and negotiation processes and quantifying the effect of those variables on the final total compensation. In particular, we find that strain and sprain claims command lower general damages relative to specials, even in the absence of suspicion of fraud and build up, but that the intensity of suspicion of fraud and build up can reduce overall payments as much as 24 percent. For the first time, the negotiating effect of attorney demands enters the quantitative model in addition to the usual contingency fee. Finally, evidence that insurers are isolating low impact collisions and reducing the compensation through negotiation is explored and quantified.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.006
metaresearch head score (Gemma)0.043
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.007
Threshold uncertainty score0.032

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0060.043
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.001
Bibliometrics0.0020.001
Science and technology studies0.0010.001
Scholarly communication0.0030.001
Open science0.0010.002
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0070.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.046
GPT teacher head0.266
Teacher spread0.219 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations14
Published2023
Admission routes1
Has abstractyes

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