The Truth about Colossus: Are You Just A Magnetic Image?

The Truth about Colossus: Are You Just A Magnetic Image?

Accident Attorney Long Island - The Truth about Colossus: Are You Just A Magnetic Image? Good morning. Today, I discovered Accident Attorney Long Island - The Truth about Colossus: Are You Just A Magnetic Image?. Which is very helpful to me and you.

What is Colossus? What I said. It is not the conclusion that the actual about Accident Attorney Long Island. You see this article for info on anyone wish to know is Accident Attorney Long Island. Accident Attorney Long Island Colossus is software licensed to about twenty-five assurance clubs to aid in predicting the community value of claims. The assurance business maintains it is a useful tool because it considers a great many factors, and the community values are just a range for use in any way the insurer wishes. The claimants’ attorneys, on the other hand, pronounce that the software is only so good as the data input, and we never know what the adjuster has input; that it does not consider interference with normal life activities, or other valid indications of pain and suffering ordinarily proved by lay testimony instead of curative testimony (as required by Colossus); and that it is Not merely a starting point, but is instead the Final Word On Value that the adjuster has to adhere to, or else risk unfavorable supervision reviews. How would you like to know that only a part of all you are suffering will be compensated? Unless data are input, how can a computer quantify your emotional distress, or the loss of enjoyment of life because you no longer can take long walks with your spouse, or the pain and despair you suffer each day because your work hurts you and interferes with your healing? Unless all of your circumstances are included, is it fair to quantify all you have suffered and cut to a dollar value based upon some factors that may or may not reflect your condition? That is the essence of the Colossus software. It is an endeavor by some assurance clubs to value claims with no observation at all given to either or not a jury might award you more than the “average” claimant. They plug in such things as damage to the vehicles and unbelievable distance of medicine and proper cost of medicine and many other variables and then come up with a amount for the value of the claim. No observation whatsoever is given to the extent of your actual pain and suffering. Nor is any observation whatsoever given to the fact that you might have a job where your injuries cause prolonged pain, or which slows your curative (consider, for example a waitress, or a someone who has to stand all shift). They do not know, nor do they care, that you cannot hold your baby because of the pain in your neck and back. There is no room in the formula for such information. But the problem is that in our system, it is the jury that is supposed to be the basis for determining the value of a claim, and juries do tend to listen to and consider many of the factors that Colossus ignores. Juries do make a contrast based upon either or not they think the plaintiff is believable, or has attributes we value in our society, such as the virtues of honesty, perseverance, humility, or patience, for example. Colossus has no way to value those distinct traits, so if you are possessed of anyone distinct that is likely to bring you a larger jury verdict, it will not be included in the Colossus valuation. You will have come to be a magnetic image, no distinct in regard to your distinct characteristics than the magnetic image of any other of thousands of claimants with injuries similar to yours. The real problem with Colossus is that the adjuster for your claim is just about stuck with the results that come out of the computer. Of procedure the assurance company will deny this, and will tell the media and the state assurance commissioner that Colossus is nothing more than an evaluation tool. It just gives a starting point, they say, from which the adjuster can move up if the facts of the case merit it. That is not at all true. The Colossus ensue is a position that is increasingly locked in, and the adjuster who wishes to vary from it because of the facts of an unusual case, had best be ready to account for it. Furthermore, how many times do you think any adjuster trying to make the cut at an assurance company is going to go to her boss and ask for permission to exceed the Colossus measurement of value? considering that her evaluation and merit pay will be based upon how “efficiently” (read that to mean cheaply, or “hard-line”) she settles her cases, do you think she will ever go to her boss to ask for more money than allowed by Colossus? Not very likely. Colossus is a well-kept secret by the assurance clubs that use it, and they will likely not tell you if they have licensed the software. It is the shop leader corporal injury claims-handling software used by an addition amount of assurance clubs in the world. Agreeing to Computer Sciences Corporation, the company which produces Colossus, it is used by more than 50 per cent of the nation’s claim adjusters and by more than 300 assurance companies. Out of the top 20 Us asset and Casualty Insurers, 13 are using Colossus. Most claims assurance adjusters use computer software to appraise any assurance claim that you make. Csc claims that Colossus can value more than 600 type of injuries based on 10,000 distinct rules. This way, adjusters will gather a frame from Colossus software and then offer it to you to decide your claim. assurance clubs claim that their adjusters are not required to decide within the suggested Colossus calculations, but that is truly nonsense, and should be investigated by the nation’s assurance commissioners. How does it work? Neither assurance clubs nor Csc will recite exactly how they decide the Colossus baseline value. Most of Colossus' calculation of your claim is based on assurance data to which you don't have access, and assurance clubs genuinely do not want previous assurance adjusters to tell anyone about it either, see the description from the Seattle Post-Intelligencer ([http://seattlepi.nwsource.com/local/93800_insurance01.shtml]). However we do know that the value of your claim will differ greatly from one region to someone else and also by the baseline that your assurance company has set. For example, auto insurers using the software agree a amount of closed, already-settled claims from each region in which they do company to contribute the "baseline" community value for each type of injury. For example, an insurer might pick 200 back injury cases from a singular region that previously settled for between ,000 and ,000 and enter them into the Colossus program. Based on this past community data, Colossus calculates a community range for similar claims. Therefore the baseline value will be distinct for each insurer. But who is there to ensure that the fulfilled, claims prime truly relate the norm? Wouldn’t it be in the interests of the assurance business to “pad” the explore by keeping back reports of high value settlements? There is no assurance whatsoever that Colossus represents anyone other than what best serves the interests of the assurance industry. No one has certified that the base from which the data are drawn was fairly and objectively constructed. By using Colossus, most assurance clubs will try to lower the value of your claim, and will not take into observation stress, or emotional trauma, loss of enjoyment of life, loss of consortium (relationship), inability to share in activities that you used to enjoy, or any amount of other things that a jury will consider. These factors are not accounted for by the Colossus software. What Should You Do? The first thing to do is to decide either or not the company you are dealing with uses Colossus for any purpose in its claims process. Here is a list obtained through the media, of clubs that will admit to using Colossus for some purpose in their claims valuation process. The following clubs are known to license Colossus: Aetna Allstate (since 1997) American National asset and Casualty (since 1997 in 38 states) American house Group of Madison (since 1996) Arrow Claims supervision (since 1997) Axa assurance (based in Uk, one of the world’s largest assurance group) (2001) Bishopsgate assurance (since 2000) Explorer assurance company (1997) Farmers assurance Group of clubs (2000) Federated Mutual assurance company (1998) General Casualty assurance clubs (1998) Grange Mutual Casualty clubs (1998) Great American assurance company (1998) Hartford Financial Services (2000) Keystone assurance clubs of Philadelphia Metropolitan Group, Rhode Island Norwich Union Motorist Mutual –American Hardware assurance Group (1998) Ohio Casualty Group of assurance clubs (1998) State Auto assurance clubs of Columbus (1996) 20th Century Industries (1997) Travelers/Aetna asset Casualty (1996) United Services Automobile association (Usaa) (1997) Utica Mutual assurance company (2000) Zurich Personal assurance (1998) Therefore, we recommend that you ensue determined our advice on this topic to avoid allowing the assurance company an upper hand in resolution of your claim. How could this valuation software allow them the upper hand? First, as documented above, this is a software program that will furnish a ensue that is in favor of the assurance industry. It does not consist of factors that may cause real interference with healing, or which may ensue in many nights of disturbed sleep. Be it the tortfeasor’s company or your own assurance company, if the company that you are going to deal with for a normal damages award has licensed Colossus, we recommend that you consider that in your negotiations. For example, since Colossus produces only an “expected” ensue based upon an “average” from input verdicts and settlements, you would want to call to the concentration of the adjuster any facts that put your situation outside of the norm. Let’s say that you are a waitress and you sustained a soft tissue injury to your neck and low back. No matter how good and helpful your curative medicine or no matter how much curative you achieve from a incorporate of days off of work, your health will worsen just as soon as you again start carrying those trays full of food or drinks. The weight of that tray on one side or the other will make your injuries worse, and it will be much more difficult for you to gather healing. Another example might be a singular mother who has to pick up her 11 month old baby frequently. She will suffer prolonged pain from her crisis injuries a lot longer than a someone who does not otherwise burden curative tissue. Think of how many times a day she has to pick up that child, and what a strain that puts on her neck and back. Now do you think there is any way that either of these—or like—situations will be covered or determined in the Colossus result? Of procedure there isn’t. This is the old adage of: “Garbage In—Garbage Out”. Since the computer was not queried or programmed to consider either of these circumstances, then it is your job to contribute adequate information to the adjuster to allow her to modify the ensue from Colossus by development someone else set of information inputs to the program. What you have to do is to think about your situation and come up with some aspect of your case that may be a petite distinct than the norm. Then you will make note of that situation in a letter to the adjuster and ask her to confirm that in her evaluation she will make reduction for your situation notwithstanding the ensue suggested by Colossus. A good resource to consult to get such a letter would be a website specialized in personal injury claim such as SettlementCentral.Com (http://www.settlementcentral.com) If she does not respond, or if she does not agree to make reduction for your singular situation, we recommend you warn her that you will write to the assurance commissioner. Again, consult the SettlementCentral.Com website (http://www.settlementcentral.com) as they do contribute a sample examine letter. As a next step, we recommend that you write to your state assurance commissioner and complain about the use of Colossus. Finally, we think that your state Trial Lawyers association may have some information or suggestions on legislation to curtail the total trust on Colossus. Another key to working with an adjuster who is using Colossus is to make sure your curative description documents all in a way that the software will reward. There are three key elements to this requirement, and you operate only one of them: the other two are held by your doctor (who may not wish to make adequate documentation) and the adjuster (who may not cooperate to let you know what format is required for information to be understood by Colossus). You will need the cooperation of the adjuster to tell you what format would be helpful to him in getting you full value for your claim. Ask him about the ability of your curative records. Which records were most useful, and which records were virtually useless. He should be able to tell you. This someone is not an actual enemy; he has a job to do in this mission, and so do you; you need each other to ensure the case is settled fairly and amicably. Solicit the adjuster’s cooperation to let you know the definite injuries and definite complaints used to value the claim. Since each complaint and injury must be documented in a curative description to be determined by Colossus, ask him to help you by telling you which doctor needs to make a supplementary description in this case. If you don’t have a good curative record, you will have to gather a description description from your doctor, or get him to make definite findings that are translatable to input into Colossus. Additional information such as a letter to the assurance adjuster about Colossus, letter to the assurance commissioner, and other Colossus references are ready for free on our website at: http://www.settlementcentral.com I hope you obtain new knowledge about Accident Attorney Long Island. Where you can put to use in your day-to-day life. And most importantly, your reaction is passed. Read more.. The Truth about Colossus: Are You Just A Magnetic Image?.