DISPLAYING LIKELIHOOD VALUES FOR USE IN SETTLEMENT
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Accused Products
Abstract
Likelihood values are determined for one or more closed claims that match an open claim. The likelihood values are displayed as a function of an amount (e.g., general damages amount). The graph may be an x-y graph in which the x-axis is amount and the y-axis is likelihood value. The graph may include a likelihood curve. A band to corresponding a most likely range of amounts is indicated on the graph.
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Citations
57 Claims
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1-34. -34. (canceled)
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35. A computer-implemented method for displaying amounts for use in settling insurance claims, comprising:
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identifying one or more closed claims that match an open claim based on one or more characteristics of the open claim; determining a likelihood value associated with at least one of the matching closed claims; displaying the likelihood value associated with at least one of the matching closed claims on a display of an insurance claims processing system; and displaying one or more amounts for use in settling the open claim on the display of the insurance claims processing system, at least one of the amounts being based at least in part on an amount for a matching closed claim associated with at least one displayed likelihood value. - View Dependent Claims (36, 37, 39, 40, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54)
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38. (canceled)
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41. (canceled)
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55. A system, comprising:
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a processor; a memory coupled to the processor and configured to store program instructions executable by the processor to implement; identifying one or more closed claims that match an open claim based on one or more characteristics of the open claim; determining a likelihood value associated with at least one of the matching closed claims; displaying the likelihood value associated with at least one of the matching closed claims; and displaying one or more amounts for use in settling the open claim, at least one of the amounts being based at least in part on an amount for a matching closed claim associated with at least one displayed likelihood value.
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56. A tangible, computer readable medium comprising program instructions, wherein the program instructions are computer-executable to implement:
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identifying one or more closed claims that match an open claim based on one or more characteristics of the open claim; determining a likelihood value associated with at least one of the matching closed claims; displaying the likelihood value associated with at least one of the matching closed claims; and displaying one or more amounts for use in settling the open claim, at least one of the amounts being based at least in part on an amount for a matching closed claim associated with at least one displayed likelihood value.
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57-168. -168. (canceled)
Specification