How Do Claims Get Settled By Insurance Adjusters?

The insurance adjusters are hustled by how much money they can save the insurance company and how much they allocate to claims. They are also just end by how quickly they can settle a claim without too much hassle. An average adjuster will see between 50 and 100 new claims per month move across their desks and ever claim has to be settled. This process is referred to by claims adjusters as “clearing” or “closing” a file. This amount needs to be done each month just to stay caught up. They are rated according to how they file the claims and how smoothly the transactions go. (more…)

Why Do People Prefer To Settle Personal Injury Cases Through Negotiations?

Ontario is governed by the provincial regulations which are set forth and are currently in effect and are enforced alongside governmental statutory provisions. It’s important to note that those provisions don’t really differ from the ones which are laid out from the government. However, when it comes to personal injury law, a lot of people prefer to settle their disputes, out of court, prior to reaching the courtroom. There is a wide array of different reasons for this and we are going to focus on the top 3 of them. In any case, it’s worth noting that the most current statistics show that over 90% of the personal injury cases in the province of Ontario are settled far before reaching the halls of the court. (more…)