Data from the Insurance Research Council
(IRC), a division of the American Institute for Chartered Property Casualty Underwriters
and the Insurance Institute of America. The data, collected in 2002, contains information
on demographic information about the claimant, attorney involvement and the economic
loss (LOSS, in thousands), among other variables. We consider here a sample of n = 1; 340
losses from a single state. The full 2002 study contains over 70,000 closed claims based on
data from thirty-two insurers. The IRC conducted similar studies in 1977, 1987, 1992 and
1997.
Usage
data(AutoBi)
Arguments
Format
A data frame with 1340 observations on the following 8 variables.
CASENUM
Case number to identify the claim, a numeric vector
ATTORNEY
Whether the claimant is represented by an attorney
(=1 if yes and =2 if no), a numeric vector
CLMSEX
Claimant's gender (=1 if male and =2 if female), a numeric vector
MARITAL
claimant's marital status (=1 if married, =2 if single,
=3 if widowed, and =4 if divorced/separated), a numeric vector
CLMINSUR
Whether or not the driver of the claimant's vehicle was
uninsured (=1 if yes, =2 if no, and =3 if not applicable), a numeric vector
SEATBELT
Whether or not the claimant was wearing a seatbelt/child
restraint (=1 if yes, =2 if no, and =3 if not applicable), a numeric vector
CLMAGE
Claimant's age, a numeric vector
LOSS
The claimant's total economic loss (in thousands), a numeric vector