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Re: [RC] [RC] those stinking rich insurance companies pay??? - Merryben

In a message dated 7/12/2005 7:34:17 P.M. Central Standard Time, jlong@xxxxxxxx writes:
Huh?  When they take a third or half of what a jury awarded to the injured
person?  You sure fooled me.
They mostly take 1/3 unless the case goes to trial, then 40% but that is of the net not the gross settlement.  And guess what....if they lose they don't get their costs back and sometimes have to pay the costs of the adverse party, if they can't deal with the other attorneys.  The costs can be huge.................I have worked both plaintiff and defense for personal injury and medical malpractice attorneys...................mb