Allstate Insurance Company hardball negotiating tactics backfires! Accident victim is compensated for her injuries!
FOR IMMEDIATE RELEASE:
March 26th 2010, East Meadow, N. Y.- On Tuesday in Nassau County, a suburb on Long Island New York, a Supreme Court civil trial ended with a verdict in which Allstate Insurance Company was required to pay compensation to an accident victim. In this personal injury case the victim, a self employed mother, suffered a fractured wrist requiring surgery. She had been recently diagnosed with Reflex Sympathetic Dystrophy.Allstate which was the insurance company for one of the vehicles involved in the accident refused to offer any money on the case until three months before trial at which time a low five figure offer was made. According to the victims attorney Neal Goldstein of Goldstein and Bashner the offer was unreasonably low. "In light of the total circumstances this case had a minimum six figure value".It was not until the middle of the trial that the attorneys representing the other vehicle and on the directions of Allstate raised the offer to a mid five figure number. The accident victim in an effort to stop the trauma of the trial lowered her demand to a high five figure settlement at which time Allstate shockingly withdrew its offer. The case went to the jury and after several hours of deliberation returned a verdict for the plaintiff. Allstate settled the case immediately for a six figure settlement. Goldstein says this hardball tactic is becoming common. "Whereas there has been a policy by the insurance companies like Allstate to play hardball with the smaller injury cases it now appears that they want to do the same thing on more serious injury cases putting their own policyholders at risk". ###
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