|
Chapter 1 |
Chapter 2 |
Chapter 3 |
|
Chapter 4 |
Chapter 5 |
Chapter 3 - Studies & Money & Increasing
Shareholder Value, Oh My!
"Revenue up 35% to
$57.5 million", " Reported NPBT $6.1 million"
Quoted from Redflex Group 1st half of Fiscal Yr 2009
Report. Click here to see it.
NPBT is Net Profit Before
Tax
"Hey Dan, here are the
Studies."
You have seen this already, but here it is again
Old Dominion Study (1999)
This is a Study relating
to the Equation in Chapter 2. Even though the
claim payouts
increased, total premium increases
provided a healthy $5.3B profit for
Insurance Companies.
Florida Public Health Review
2008
This Study shows increases
in overall crashes and crash costs.
(Dan, take a look at Tables 5.1 &
5.5)
Virginia Study (2007)
This Study shows
reductions in crashes by using Engineering Solutions.
Advocates Cameras only
when Engineering,
Public Awareness, and Police Enforcement FAIL !!
Texas Study (2004)
"In many
ways, the evidence points toward the installation of RLCs as a detriment to
safety."
This is an excerpt from the Summary of the
Study.
North Carolina Study (2004)
This is probably the
first Study to show decreases
in Angle Crashes at the cost of increases in
Rear-End Collisions.
Although the Study recommends continued use of Cameras,
it concedes that the
Study is inconclusive as to the
effectiveness of Cameras alone.
It should be noted that this Canadian
Program
combines the use of Cameras AND stepped up Police
Enforcement.
Ontario, Canada Study (2003)