Settlement Demand, now what

[LeglEgl]

(10-13-2011 06:17 PM)Tink Wrote:  I asked for "OPINIONS", and past experiences, ONLY reguarding what the insurance company might do in response to attorneys demand.

So, you're asking for OPINONS ? Based on your question, those opinions would have to encompass a 'guess' at what you might expect. You presented a demand amount, and wondered whether that was an appropriate amount.

Quote:Here is my question. The idea of settleing for any less than 80K is not acceptable to me. Do insurance comanies EVER accept the demand request? And if not, will they most likely counter with something reasonable like 70K?

You don't EVER have to accept a settlement, nor does the IC have to OFFER a settlement. You can choose to continue getting benefits and leave medical treatment open. WC is not an ATM.

Anybody can give you an opinion that the demand and counter-offer is or is not reasonable, but that won't be of any service to you, because, as you said .......

Quote:I understand each case is different and that I should ask my lawyer