Month: May 2017

Five Things You Should Know About Initial Settlement Offers From Insurance Companies

Published on May 24, 2017, by Matthew Sharp

Insurance Bad Faith

Insurance companies are profit-driven businesses that want to settle injury claims for the lowest amount possible. Each injury claim is unique and there is no one formula that can accurately determine what is a reasonable compensation amount. When insurance companies make an initial settlement offer,attorneys for insurance claims can analyze the case and help injured parties determine the amount of money that will fairly compensate them for medical expenses, lost wages, and possible emotional distress or degradation of their quality of life. Reaching an appropriate settlement amount with [...]
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Do Insurance Companies Rely on Biased Doctors for Claims Denials?

Published on May 17, 2017, by Matthew Sharp

Insurance Bad Faith

Recent studies reveal that insurance companies commonly use reports generated by biased physicians to determine the result of injury claims – a bad faith insurance tactic that can result in a case being minimized or denied altogether. It is common practice for insurance companies to use Independent Medical Examinations (IME) to help them determine whether they will pay an injury claim to victims who are injured in motor vehicle crashes, workers compensation cases, and other accidents. While this technique may seem like a good idea on the surface, [...]
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