19 April

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Colossus and Xactimate: How Computer Algorithms Determine Your Injury Settlement Offer

Insurance companies use computer programs to decide how much money to offer you after an injury. Two main systems, Colossus and Xactimate, now handle most injury claims in America.Colossus began in Australia in 1988 and now processes over half of all U.S. insurance claims. These programs work by turning your medical records, injury types, and treatment details into numbers and codes.The software assigns "severity points" to your injuries using about 600 different injury codes. These points then convert to dollar amounts through roughly 10,000 built-in rules.While this system might seem fair, it often misses important parts of your story. The...

18 April

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Case Study: How a $43 Million Verdict Was Won in a Catastrophic Foot Drop and Paralysis Case

Posted by Frekhtman & Associates

in Accident Injuries

Medical malpractice cases that result in life-changing injuries require expert legal representation to secure fair compensation. Attorney Paul G. Lyons, Esq. demonstrated this fact through his successful handling of a landmark case that resulted in a $43 million verdict for a client suffering from catastrophic foot drop and paralysis.With over ten years of experience in both insurance defense and personal injury law, Lyons guided his client through an eight-year legal battle against strong opposition. The case stands out for its thorough evidence gathering and compelling expert witness testimonies that proved clear negligence.The jury awarded $54 million in compensatory damages, covering...

14 April

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Independent Medical Examiners: The Truth Behind Insurance Company Doctors Findings in Foot Drop Cases

Posted by Frekhtman & Associates

in Accident Injuries

Independent Medical Examinations (IMEs) play a major role in foot drop cases, often deciding if patients receive needed care. These exams, done by doctors hired by insurance companies, can show bias that affects treatment recommendations.Many patients face an uphill battle when these doctors deny claims or downplay serious conditions. EviCore, which works for America's largest insurers, denies about 20% of medical procedures in Arkansas alone.Their decisions rely on algorithms that increase denial rates for treatments that might help foot drop patients.Foot drop is a serious condition that makes walking difficult and increases fall risk. It can signal major health problems...

09 April

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Brooklyn Truck Accidents: Navigating Multiple Insurance Policies When Delivery Vehicles Are Involved

Posted by Frekhtman & Associates

in Accident Injuries

Delivery truck accidents in Brooklyn create complex insurance situations that often involve multiple policies and parties. These crashes happen daily on busy Brooklyn streets, with UPS trucks and other delivery vehicles frequently involved.Unlike regular car crashes, truck accidents bring higher stakes due to commercial insurance policies with larger coverage limits. A single accident can trigger claims against the truck driver, the delivery company, and other parties on the road.The main causes of these accidents include driver fatigue, which plays a role in 13% of all crashes, and distracted driving, which caused 3,166 fatal U.S. crashes in 2017. Poor truck maintenance...

08 April

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Why Insurance Companies Pay for Vehicle Damage But Fight Your Injury Claim: The Strategy Behind the Scenes

Posted by Frekhtman & Associates

in Accident Injuries

Insurance companies handle vehicle damage claims much differently than injury claims after an accident. They often pay for car repairs quickly while dragging their feet on injury compensation.This pattern exists because vehicle damage has clear, measurable costs that are easy to verify. A repair shop provides an estimate, and the insurance company pays based on visible damage.Injury claims, however, present a more complex challenge for insurers. The subjective nature of pain and medical needs creates an opportunity for insurance companies to question and minimize these claims.Major insurers like Allstate work with consulting firms such as McKinsey & Co. to develop...

04 April

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McKinsey’s Impact on Insurance Claims: How Consulting Changed the Way Your Accident Case is Handled

Posted by Frekhtman & Associates

in Accident Injuries

Insurance claims processing has changed dramatically due to McKinsey's influence in the industry. This global consulting firm has reshaped how insurance companies handle your accident claims through data-driven methods and cost-saving strategies.McKinsey introduced streamlined processes that cut manual work and added digital tools for faster calculations. Their recommendations led to a 60% reduction in processing times and 20% lower operational costs for insurance underwriters.Leading insurers improved their loss ratios by 3 to 5 points by following McKinsey's analytics approach. The firm's focus on cost reduction helped insurance companies decrease processing expenses by up to 40% while cutting fraudulent claims by...

29 March

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The Hidden Costs of Foot Drop: Why Medical Experts Are Critical to Your Personal Injury Case

Posted by Frekhtman & Associates

in Accident Injuries

Foot drop is a serious medical condition that affects mobility and quality of life. This condition makes it hard for people to lift the front part of their foot, causing them to drag their toes and lift their thigh when walking.The impact goes far beyond physical symptoms, creating financial burdens and emotional struggles for victims. For 24-year-old Liam, a recent college graduate and former high school football player, foot drop became a life-changing reality after a traumatic brain injury from a car accident.His case shows how this condition can derail a promising future and create lasting challenges. Medical experts play...

26 March

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Bronx Commercial Truck Accidents: How Local Factors Affect Insurance Claims and Settlements

Posted by Frekhtman & Associates

in Accident Injuries

Commercial truck accidents in the Bronx create unique challenges for victims seeking fair insurance settlements. These crashes happen in one of New York City's most congested areas, where heavy traffic and dense population increase risks for everyone on the road.The aftermath often leaves victims facing complex insurance claims while dealing with serious injuries.New York's no-fault insurance laws require Personal Injury Protection (PIP) coverage that provides up to $50,000 per person. This amount rarely covers serious truck accident injuries.The state's pure comparative negligence rule reduces compensation based on each person's fault percentage, making proper evidence collection vital.Multiple parties may share blame...

23 March

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Foot Drop Injury Verdicts: What Determines Multi-Million Dollar Outcomes

Posted by Frekhtman & Associates

in Accident Injuries

Foot drop injuries occur when nerve damage prevents a person from lifting the front part of their foot. These injuries often lead to major legal cases with significant financial outcomes.The national average jury verdict for foot injury cases exceeds $715,000, with a median of $92,000. Permanent foot drop conditions caused by nerve damage can push these values into multi-million dollar territory.Several key factors drive these high-value verdicts. The severity of the injury plays a crucial role, as does its impact on daily life and mobility. Long-term or permanent disability significantly increases settlement values.Medical costs, future care expenses, and lost income...

18 March

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Can You Sue for a Hit-and-Run Accident?

Posted by Frekhtman & Associates

in Accident Injuries

Hit-and-run accidents create serious legal and personal challenges for victims. Los Angeles County alone reported 5,500 felony hit-and-run cases in 2021, showing the scale of this problem.California law requires drivers to stop after any accident and share their information, as stated in Vehicle Code sections 20001 and 20002. Failing to stop can result in civil penalties and jail time.Victims have several paths to seek justice, including personal injury lawsuits, uninsured motorist coverage claims, and support from California's Victim Compensation Board. The legal system provides a two-year window from the accident date to file a lawsuit.Successful claims can cover medical costs,...

Author: Frekhtman & Associates