Mark Traurig v. Continental

Mark Traurig v. Continental

HERNIATED DISCS AND PSYCHOLOGICAL INJURIES SETTLEMENT PRIOR TO ARBITRATION HEARING

insurance loss control representative

NY

This motor vehicle action settled prior to an arbitration hearing for a structured settlement with a present value of $1,000,000

$1,000,000.00

X/10-26 MOTOR VEHICLE RED LIGHT HERNIATED DISCS AND PSYCHOLOGICAL INJURIES SETTLEMENT PRIOR TO ARBITRATION HEARING

SETTLEMENT: Mark Traurig v. Continental 92-4756 Suffolk Supreme 90 Civ 1919 Date of Settlement 7/24/92 Eastern District

Pltf. Atty: Martin Block of Sanders, Sanders & Block, Mineola

This motor vehicle action settled prior to an arbitration hearing for a structured settlement with a present value of $1,000,000. Deft. held the underinsured policy. The underlying case against the other motorist settled for the full $100,000 policy after jury selection in Suffolk Supreme Court.

The accident occurred on 8/22/87 at the intersection of Nichols Rd. and Rte. 25 in Brookhaven. Pltf., a 42-year-old insurance loss control representative, claimed that Deft. Carol Duffy drove through a red light and struck his vehicle. Injuries: herniated discs at C4-5, C5-6, C6-7, and L5-S1 requiring surgery; anxiety disorder. Pltf. returned to work after the accident, but has not worked since he underwent surgery. He claimed that he will never be able to return to work. Deft. denied that Pltf. suffered any herniated discs, and contended that he had preexisting degenerative disc disease which was unrelated to this accident. Deft. also contended that Pltf. could return to work. Demonstrative evidence: blowup of MRI; interpretive illustration of spine injury. Carrier: State Farm for Deft. Carol Duffy in underlying action. Settlement apportionment: structured settlement with a present value of $1,000,000 and a future value of $2,214,717. Pltf. Experts: Pltf. would have called Edmond Provder, vocational rehabilitation, Cherry Hill, New Jersey; Dr. Albert Levenson, economist, Woodmere; Dr. Joseph Conroy, neurosurgeon, Langhorne, Pennsylvania; and Dr. Mark Reubens, psychiatrist, Old Westbury.