If you practice in the are of personal injury, you must be aware of what insurance companies and adjuster are using to their advantage. It is called "Colossus." According to an article on the internet, Colossus is the insurance industry’s leading expert system for assisting adjusters in the evaluation of bodily injury claims. Colossus helps adjusters reduce variance in payouts on similar bodily injury claims.Colossus provides adjusters access to claims data within a defined Business Process Management framework for evaluating injuries, treatment, resolution, impairment and general damage settlements.
With Colossus, adjusters quickly interpret medical reports and look up definitions of injuries, treatments, complications and permanent impairments using AMA 5th edition data. Through a series of interactive questions, Colossus guides the adjuster through an objective evaluation of medical treatment options, degree of pain and suffering, degree of permanent impairment to the claimant’s body, and the impact of the injury on the claimant’s lifestyle.
It comes to mind then, if the insurance industry has Colossus, and they know about claims and damage settlements, would they also know about attorneys track records? In other words, do they know wether a particular attorneys settles the cases for less than normal or the attorney fights all the way to trial for what is right for the client. As a colleague of mine puts it: "we are been watched my friend."
This article is to alert other fellow litigators and the public in general about the tactics used by insurance companies in order to increase their bottom line. Perhaps its time for attorneys and consumers alike to ask our politicians what could be done about it. As for this firm, we will most likely take our cases to trial, in order to get the justice that our clients deserve.
With Colossus, adjusters quickly interpret medical reports and look up definitions of injuries, treatments, complications and permanent impairments using AMA 5th edition data. Through a series of interactive questions, Colossus guides the adjuster through an objective evaluation of medical treatment options, degree of pain and suffering, degree of permanent impairment to the claimant’s body, and the impact of the injury on the claimant’s lifestyle.
It comes to mind then, if the insurance industry has Colossus, and they know about claims and damage settlements, would they also know about attorneys track records? In other words, do they know wether a particular attorneys settles the cases for less than normal or the attorney fights all the way to trial for what is right for the client. As a colleague of mine puts it: "we are been watched my friend."
This article is to alert other fellow litigators and the public in general about the tactics used by insurance companies in order to increase their bottom line. Perhaps its time for attorneys and consumers alike to ask our politicians what could be done about it. As for this firm, we will most likely take our cases to trial, in order to get the justice that our clients deserve.
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→Colossus, PI Attorneys Nightmare
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