Update: You guys influenced me and I decided not to suggest to the police which charge to apply. If the driver had a history of negligence I didn't want the police to take it easy because of my recommendation.

She has been charged with failing to give way (yield). This is the lesser of the charges she could have had, and now I think it is too easy. Nevertheless she'll be paying my costs in addition to the fine by the police.

Today I spoke to the bike shop giving the valuation to my insurance company. The bike is a total wreck. The frame is bent and fractured. Some of the accessories (lights, speedo, etc.) came off during the accident, (leaving the fixed parts). The bike shop now knows what they were so they will include that in the valuation for the insurance (which will ultimately be borne by the driver). Admittedly one of the headlights, and the speedo were both cheapies.