USAA Settlement Day a Success for MMK Clients
USAA held a settlement conference day today. I participated in the conference on behalf of three clients of MMK. The clients were all injured in automobile accidents. The conference was a success. We were able to settle all three cases. This is a win-win situation for all involved. The clients received very fair settlements and will get their settlement monies in the near future. USAA wiped three cases off of their inventory and will avoid further litigation costs and attorneys fees.
I wish more insurance companies would voluntarily hold these conferences. In most cases, experienced attorneys and insurance adjusters can agree to the value of a case. It sometimes takes a face to face meeting where the parties can compromise their positions and come to fair agreements. These conferences would avoid additional delay and unnecessary litigation costs. Unfortunately, all to often, cases are not settled until the "courthouse steps". This results in unnecessary costs and delay for both sides.
I applaud USAA for their willingness to settle cases in this fashion.
