Older drivers are not involved in as many automobile accidents or fatal crashes as was anticipated by the Insurance Institute for Highway Safety (IIHS).

The institute said that, contrary to its own projections, rates for fatal and less severe accidents have dropped among older drivers.

There were 28 million people 70 years old or older in 2008, and 78 percent of them had driver's licenses--up from 73 percent in 1997. These factors led the IIHS to express concern about the risk in a 2001 report.

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