It sounds a little strange, but it is true! Most insurance companies today, not every single one, but most, in the United States are using computer programs to determine the claim value of your particular injury case. The oldest and most well known computer program is called "Colossus." A recent study showed that over 70% of the 300 or so insurance companies that govern injury claims in the United States are doing this! It all started in the early 1990's and has been steadily growing ever since.
There are currently about four different computer programs that are used worldwide to help ascertain “claim value” of a given injury case. For more details on this specific secret, you should check out my free book, A Wolf in Sheep’s Clothing: What Your Insurance Company Does Not Want You Know And Won’t Tell You Until It Is Too Late! There, I coauthored an entire chapter on the computer software programs used to review injury claims by insurance companies.
For now, all you need to know is the following:
⇒ Most insurance companies are using computer software programs;
⇒ Computer software programs can be potentially detrimental to your injury claim if you do not understand them;
⇒ Your lawyer needs to know about the programs and have a game plan in place in order to combat them if they are being used in your injury claim.
Some More Information for You on the Four Computer Programs being used in California and in the United States:
1. Colossus Computer Program (the oldest and most widely used one by the insurance companies);
2. Claims Outcome Advisor Computer Program (also known as "COA" and used by many of the insurance companies I go against);
3. Injury Claims Evaluator Computer Program (also known as "ICE" and it too is used by many national carriers);
4. Injury IQ Computer Program.