Redemptionman
Well-Known Member
With a larger number of states joining tort reform and lobbying by insurance companies to cap overall damages, what is the overall opinion of these initiatives for example. Texas is but one example where damages are capped at 250k regardless of outcome including up to wrongful death. Tennessee is another one that has capped damages in order to limit plaintiff's/ victims from recovering actual damages.
What does the future hold? Medical providers typically work with the insurance companies to limit and reduce plaintiff's damages as well. Is it a case of a large amount of frivolous lawsuits getting pay days and bad apples bringing the system down. Is it a case of, in order to control rising insurance rates it is a strategy by the companies to limit damages and protect overall society?
By limiting and throwing out frivolous lawsuits this can help unclog the system and more attorneys are using alternate means than filing a lawsuit to settle smaller claims.
What does the future hold? Medical providers typically work with the insurance companies to limit and reduce plaintiff's damages as well. Is it a case of a large amount of frivolous lawsuits getting pay days and bad apples bringing the system down. Is it a case of, in order to control rising insurance rates it is a strategy by the companies to limit damages and protect overall society?
By limiting and throwing out frivolous lawsuits this can help unclog the system and more attorneys are using alternate means than filing a lawsuit to settle smaller claims.