Posted On: November 20, 2009
Colossus and Bad Faith Insurance Claims in Maryland
The Maryland Insurance Administration has now given its stamp of approval on Allstate's use of "Colossus 7.0.2+ Assessment for General Damages" and "Decision Point Medical Expert", software programs as tools to "honestly and accurately" asses the value of first party insurance claims. If you are a Maryland accident lawyer contemplating a first party bad faith claim against Allstate, be prepared for the "computer agreed with me so it must be good faith" argument from Allstate insurance claims adjusters.
