The Online Resource for Personal
In this issue
- The truth about Colossus
- Does your insurance company
- What can you do to fight
Settle it Yourself
Hello!! Welcome to the December edition of
Settlement Central’s Newsletter. We hope that all of you have a truly
wonderful and safe holiday season! We are pleased to share this
newsletter with you, as our business is helping people get satisfactory
settlements for their personal injury claims.
As more time is spent on rainy, snowy, and icy roads
in the winter, it is important that we are as prepared for the unexpected
as possible. Download our Car Accident Form now to assist in
preparation for any unforeseen accidents.
In this month’s issue, we will discuss Colossus, the
insurance industry’s computer software used to appraise your personal
injury claim. Colossus is the market leader in bodily injury
Thank you for your interest in our site; we hope you
will find us to be an excellent source for your own personal injury needs!!
Publisher, Settle it Yourself Newsletter
Truth about Colossus
Colossus is software licensed to over 30 insurance
companies to aid in predicting the settlement value of injury claims.
An insurance adjuster inputs data about a claim into their computer, and
Colossus calculates a range of values for the claim's worth. For example,
if you suffered a strained back, broken leg, or facial injury, the Colossus
program can evaluate your injuries and produce a recommended settlement
So what’s the problem? The problem is that a
computer cannot compute human pain and suffering. The software does
not consider interference with normal life activities, emotional distress,
or other valid indications of pain and suffering normally proved by lay
testimony instead of medical testimony (as required by Colossus). In
addition, the software is only as good as the data input, and we never know
what exactly the adjuster has input.
Despite lawsuits against insurance companies for using
Colossus, the companies continue to use the software to value claims.
They claim that the program is only used as a beginning point for claim
value. However, as reported in the Seattle PI, several insurance
agents reported that Colossus is not merely a beginning point, but is
instead the final word on value that the insurance adjuster has to adhere
to, or else risk unfavorable management reviews (http://seattlepi.nwsource.com/local/122047_colossusside15.html).
Colossus is a well-kept secret by the insurance
companies that use it, and they will likely not tell you if they have
licensed the software. It is the market leader bodily injury
claims-handling software used by an increasing number of insurance
companies in the world. To see if your insurance company is using
Colossus, please click here (http://www.settlementcentral.com/format.php?Page=8002).
Want to learn how to fight
back against Colossus? SettlementCentral.com provides the following
assistance to its members:
- The Truth about Colossus: Are
You Just A Magnetic Image?
- What is Colossus
- How Does it Work?
- How to Deal With Colossus
- Printable Letter to Send to Your
Insurance Adjuster Regarding Colossus
- Printable Colossus Letter to
State Insurance Commissioner (Insurance Adjuster's Response Unsatisfactory)
- Printable Colossus Letter to
State Insurance Commissioner (Insurance Adjuster Did Not Respond)
- Printable Follow-Up Letter to
Adjuster Re: Colossus
To access this valuable
information, please join now!
Inc. is a Washington corporation providing general educational information,
online, to personal injury victims throughout the United States on how to
manage their own personal injury claims through the settlement process -
from gathering the necessary information (evidence) to submitting claims
and demand letters through engaging in successful personal injury
settlement negotiations with insurance companies. Our online instructions
and self-help forms and letters are designed to make for easy insurance
claims settlements in the areas of auto accidents, pedestrian accidents,
dog bites, vicious animal bites, premises liability, and slip and fall
comments and suggestions are welcome! Tell us what topics you would
like to see discussed in this newsletter and we will do our best to bring
you current useful information. Write to us at: info@SettlementCentral.com.