Product Liability: According to a national study, 71 percent of product liability awards and 53 percent of medical malpractice awards by the courts amounted to $ 1 million or more. (trustedchoice.com)
That same national study found that 53 percent of medical malpractice awards by the courts amounted to $ 1 million or more. (trustedchoice.com)
In other words, regardless of the economic damages or future medical care cost, the cap on malpractice awards now stands at $ 2 million. (accidentinjurylawyerblog.com)