What initially appeared to be a multi-car rear end collision with so low an impact that it was hard to see any damage on plaintiff’s vehicle grew into a $7.2 million dollar settlement for a plaintiff. The plaintiff described as a 35-year old athletic and healthy man visited a chiropractor after his collision and within six months was described as regressing to the point where he was losing his ability to walk without assistance. The plaintiff’s attorney made a demand to settle for $100,000 policy limits; however, the defendant’s insurance carrier Liberty Mutual denied. The original trial attorney demanded $100,000, the limits of the policy about a year after the accident, and in his demand informed the carrier that he thought the value of the case was in excess of $300,000. The lawyer worked diligently and as he described, tried to bend over backwards in an attempt to get Liberty Mutual to pay the contracted policy amount of $100,000. The insurance carrier continued to drag its f [...]
$100,000 Policy Limits Turns Into $7.2 Million Dollar Settlement For Client Due To Insurance Carrier’s Foot Dragging During Settlement Negotiations In A Personal Injury Case
Posted in: Auto Accidents
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