Quote:
Originally Posted by Mattyk
Interesting. I've worked for 3 insurance companies and I've never heard of it. In fact I've never used any sort of software for determining settlement values of claims. Sure would be nice to use as a guide though.
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yeah we just got a copy of collusus. pretty damning stuff in there for the way that particular insurance company determines what value to set for a PI auto neg claim. of course now that the secret is out of the bag and attys know what triggers bumps in the settlement offers, they will change their mathematical equation like approach.
kinda like how an automaker determines whether they would save more money by recalling defective vehicles and fixing them vs just letting accidents happen then hope your attorneys can limit the settlements.
geez workers comp is no picnic. so happy i do mostly auto neg with federal suits and rape cases thrown in there.