-: My name's Robert Runkle.
I'm Director of Recovery Operations
and Human Resources at Praxis Consulting.
So what we do is we start out with
loss runs from our clients.
Now, they may be a top ten insurance carrier,
all over the United States,
to a regional or a statewide carrier.
Now, we run that through our process
and audit their closed claim files
or their open claim files, identify any situation where
an adverse party was liable or potentially liable.
We investigate the loss, investigate liability, damages,
the statutes in the particular state
where the loss occurred, and then
contact all the parties that are involved
and attempt to negotiate some sort of settlement.