Auto Injury Settlement Offer Calculations: Not That Unfair If You Know the Rules

What You Will Learn

An overview of claims management software programs
A behind-the-curtain look at how these programs work
The ‘rules’ software programs follow to determine your client’s initial settlement offer
What we’ve learned from former insurance adjusters and national lawsuits

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What You Will Learn

An overview of claims management software programs
A behind-the-curtain look at how these programs work
The ‘rules’ software programs follow to determine your client’s initial settlement offer
What we’ve learned from former insurance adjusters and national lawsuits

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Price

$79 for Association Member
$99 for Non-Member

90 minutes

Date Published

May 30, 2024

Publisher

Kentucky Justice Association

Subjects

Auto, Settlements

Questions

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Summary

Over the past 20 years we have seen the auto insurance industry move away from using medical professionals in the settlement process, replacing them with claims management software programs that use a formula to calculate settlement offers. Class action lawsuits and former insurance adjusters have helped uncover what 'rules' those software programs follow to determine your client's initial settlement offer.

Mike Schafer and Jack Sells will take you behind the curtain to see how these programs work. You may find, as they have, that the process can be fair when you know the rules. They will give you an overview of these settlement offer programs and what information they consider to be important (Hint: is the injury permanent or not?) and will look at an actual case study from start to finish.

SWOD-21876

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Presenters

Michael A. Schafer

MICHAEL A. SCHAFER is an attorney in Louisville, Kentucky who concentrates his law practice in personal injury litigation.... Read More

Jack Sells

Precision Spinal Diagnostics, PLLC

Jack Sells is the CEO of Precision Spinal Diagnostics, whose team provides AMA Guides-defined computer analysis of x-rays in... Read More

Program Titles and Supporting Materials

This program contains the following components:

Auto Injury Settlement Offer Calculations: Not That Unfair If You Know the Rules - Video

Auto Injury Settlement Offer Calculations: Not That Unfair If You Know the Rules - Handout

Credit

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