Ask the expert: Submitting marginal cases

The question was: I’ve heard that, due to today’s economic strains, some settlement cases may be rejected that previously would have been accepted. Do you recommend that I submit possibly marginal cases anyhow, or should I hold them back?

The answer is: It’s always a great idea to submit a case for an offer, marginal or not, regardless of today’s (or tomorrow’s) economic uncertainty. As they say, one man’s trash is another man’s treasure.

Each provider (or buyer) in the secondary marketplace looks at each and every case differently. Some may be interested in a case that is exactly like the potential case that the insured or their representative may be considering shopping. However, if they believe all the “industry noise,” they may be reluctant to submit their case because they were led to believe there wasn’t a market.