Allstate Settles Claims Software Complaint with States for $10M

October 19, 2010

  • October 25, 2010 at 11:56 am
    Aw, c'mon, Larry... says:
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    You expect too much. What do you mean, I can’t adjust a claim or underwrite by computer? That’s unheard of now! Seems they have no feel for it anymore.

  • October 25, 2010 at 1:28 am
    Big Blue says:
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    yeah, makes sense to go hit the streets to see the “injured” in some case, but on every case?? come on now. that’s just unrealistic. time to retire Larry

  • October 25, 2010 at 1:39 am
    Brute says:
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    Big Blue, Colossus was never intended to fight fraud, you have SIU to do that job. If “reign things in” translates to controlling payout then I agree with your comment. Don’t be naive as to why companies paid millions (I’ve seen the contract!) to purchase this tool — to pay less, period. Allstate got their wrist slapped for misuse but imagine what they saved over the years.



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