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INJURY CASES

Injuries From Vehicles
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A Former Insurance Defense Attorney REVEALS the Secrets of the Insurance Industry

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CNN Reports on Insurance Companies. We See It Often. Part 1



Modern technology is transforming our society at fast pace. Insurance companies have spent huge sums of money keeping up with trends in technology. Why? Because it saves them money. In the short span of 20 years, the insurance industry has been transformed from filing cabinets with large buildings full of busy workers, to desktop computers and decentralized offices, and more recently, to employees who work at home who tie into vast online computer networks.

Twenty years ago, adjusters adjusted claims. Today, it is handled by computers and computer models. At insurance company headquarters and data processing centers, computers crunch data and generate a settlement figure or settlement range that the adjuster must stay follow. Adjusters no longer set values on claims; they simply process claims.

Because the responsibility for adjusting your claim is in the hands of software programs managed by insurance headquarters, the case data that your attorney provides to the insurance company, the way in which it is presented, the amount of detail, the accuracy and thoroughness of the settlement demand all matter. Your attorney needs to know which systems the insurance companies use, and the information they need to settle your claim for maximum value without the necessity of litigation. If the information the insurance needs is not provided, the value of your claim is dramatically reduced. Garbage in, garbage out.

Craig K. Perry is a former defense attorney who has not only seen up close how insurance companies operate but also has kept up with the latest trends, handled thousands of accident claims on behalf of injured people, and knows how to present your claim to insurance companies that will yield the best results possible in the shortest amount of time.

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CNN Reports, Part 2