A look at the most recent national traffic crash statistics from 2002 by the National Crash Statistics, U.S Department of Transportation, National Highway Safety reveals that there are in the U.S. over 6.3 million traffic-related casualty losses alone.
That is as many Diversity Lottery entries from entire world for 2006 -Over 6.3 million entries for the 2006 Diversity Visa Lottery were received.
Friday, August 26, 2005
The Business of Automobile Accident Cases
According to the National Center for State Courts, two-thirds of general civil cases disposed of by a bench or jury trial in 1996 (65.7 percent) involved tort claims, primarily automobile liability, premises liability and medical malpractice claims. B. Ostrom & N. Kauder, Examining the Work of State Courts, 1999-2000. A National Perspective from the Court Statistics Project (National Center for State Courts 2000)
Again, is my lawyer working on my case or settling an insurance claim?
According to the National Safety Council, a federally chartered not-for-profit organization, the economic costs in 1998 of unintentional injuries totaled $480.5 billion These costs included $77.8 billion in medical expenses, $246.1 billion in wage and productivity losses, and $44.9 billion in motor vehicle damages. By 2002, wage losses, medical expenses, property damage, employer costs, fire losses and other expenses related to unintentional injuries cost Americans an estimated $586.3 billion. In 2002, there was an estimated death caused by a motor vehicle crash every 12 minutes and a disabling injury every 14 seconds.
As the cost and frequency of unintentional injuries increases, so does the need for our services. Our target market are personal injury victims (casualty claimants) who cannot afford to pay the expenses resulting from their unintentional injury and are disaffected by property and casualty insurance company tactics, poor customer service and the high fees of prelawsuit cash advances.
A substantial number of personal injuries lead to casualty insurance claims. Unresolved casualty claims result in lawsuits. For example, in a study tracking civil cases resolved in 1992, more than ninety-five percent of lawsuits resulted in settlements. As you might assume, there are substantially more casualty claims settled prior to reaching the lawsuit stage.
A substantial number of personal injury insurance claims result in settlement. According to the Insurance Research Council, a nonprofit, independent division of the American Institute for CPCU and the Insurance Institute of America, automobile injury claims in the United States skyrocketed during the five-year period from 1997 to 2002 despite declines in serious injury.
When you look at it this way I gues you can see that the majority of client's "cases" are settled as insurance claims.
As the cost and frequency of unintentional injuries increases, so does the need for our services. Our target market are personal injury victims (casualty claimants) who cannot afford to pay the expenses resulting from their unintentional injury and are disaffected by property and casualty insurance company tactics, poor customer service and the high fees of prelawsuit cash advances.
A substantial number of personal injuries lead to casualty insurance claims. Unresolved casualty claims result in lawsuits. For example, in a study tracking civil cases resolved in 1992, more than ninety-five percent of lawsuits resulted in settlements. As you might assume, there are substantially more casualty claims settled prior to reaching the lawsuit stage.
A substantial number of personal injury insurance claims result in settlement. According to the Insurance Research Council, a nonprofit, independent division of the American Institute for CPCU and the Insurance Institute of America, automobile injury claims in the United States skyrocketed during the five-year period from 1997 to 2002 despite declines in serious injury.
When you look at it this way I gues you can see that the majority of client's "cases" are settled as insurance claims.
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