Comments on: Kiryas Joel Woman Wins $5 Million Settlement for Truck Crash

By: arc

arc — Sun, 27 Jun 2010 14:34:43 +0000

Yonason, the woman is permanently injured she’s entitled to the money by todays standards…
I dont know if this article should have been posted but her name , i’m positive shouldnt have been

By: YonasonW

YonasonW — Fri, 25 Jun 2010 15:10:22 +0000

Trying my best – Your comment expresses a point of view that contributes to the litigiousness of our society and to the high insurance costs we all pay.

The law suit was against the delivery company and driver. True, the insurance company pays the damages and under subrogation handled the litigation; but to cavalierly dismiss all this by saying the suit was really against the insurance company makes it oh so easy to fall into the mistaken belief that law suits are nisht geferlich . . . and are only a burden to the rich insurance companies anyway.

By: akuperma

akuperma — Fri, 25 Jun 2010 13:56:12 +0000

Actually that isn’t much if indeed she is permanently disabled. Assuming a prudent investment of the money (not looking for any “madoff” style help), she’ll get a taxable return of 5% per year, which comes to $125K per year, which is a middle class salary UNLESS you have to spend most of it on medical costs, household help, personal attendant (how crippled was she). In addition, insurance companies that paid her costs often can get repaid from the settlement. Legal fees are customarily about a third. Not really whopping when you add it up (again, assuming she is serious disabled for the rest of her life).

By: bestbubby

bestbubby — Fri, 25 Jun 2010 13:25:39 +0000

She’s a young woman. Refuah Shleima.

By: Trying my best

Trying my best — Fri, 25 Jun 2010 12:57:12 +0000

The lawsuit was against the insurance company of the truck owner, not with the owner. The settlement was also between her and the auto insurance company — who is paying the settlement.