Juries award plaintiffs more money more often. (Loss/Risk Management Notes: property/Casualty).A nationwide survey of jury cases found that plaintiffs won cases more frequently than the defense in 2000, and the median compensatory awards have risen steadily since 1994 in premises liability, product liability and medical malpractice Improper, unskilled, or negligent treatment of a patient by a physician, dentist, nurse, pharmacist, or other health care professional. cases. But the biggest increase in jury awards in 2000 occurred in personal-injury cases, where the median amount awarded to plaintiffs jumped 26%. Jury Verdict Research Verdict Research is a United Kingdom-based company founded by retail analyst Richard Hyman in 1984. It conducts research into all aspects of retailing and consumers. Acquisition by Datamonitor reports on 2000 data in its Current Award Trends in Personal Injury, 2001 edition, because of the lag time between the date a verdict is rendered or a judgment is filed and the time when data are available for the report. No trends could be tracked to account for the 26% increase in jury awards, said Gary Bagin, a spokesman for Jury Verdict Research. It's important to note that while some plaintiffs win million-dollar awards, most receive far less, David Boxold, managing editor of the study, said in a statement. This is evidenced by the median jury award of $50,000, Boxold said. The study also reported that in 2000, 64% of vehicular-liability cases produced a plaintiff's verdict, with 56% of products liability cases and 51% of premises-liability cases in favor of upon the side of; favorable to; for the advantage of. See also: favor the plaintiffs. The biggest jump was seen in medical malpractice, where median awards jumped 175% between 1994 and 2000, from $362,000 to $1 million. Childbirth childbirth: see birth. Childbirth Childlessness (See BARRENNESS.) Artemis (Rom. Diana) goddess of childbirth. [Gk. Myth. cases snagged snag n. 1. A rough, sharp, or jagged protuberance, as: a. A tree or a part of a tree that protrudes above the surface in a body of water. Also called sawyer. See Regional Note at preacher. b. A snaggletooth. the top spot in median awards for medical malpractice at $2.05 million. Diagnosis cases came in No. 2 with $750,000, and medication cases were No. 3, with $668,000. In medical malpractice, the median award in 2000 grew to $1 million, from $700,000 in 1999. The medical-malpractice line has suffered from escalating premiums and underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. woes carried over from the soft market of the 1990s that saw many insurers underprice un·der·price tr.v. un·der·priced, un·der·pric·ing, un·der·pric·es 1. To price lower than the real, normal, or appropriate value. 2. coverage. But now, high jury awards are driving up premiums to crisis levels for doctors and hospitals in many states, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. physicians. In the product liability category, the median jury award jumped to $1.8 million in 2000 from $1.6 million in 1999. The median award for transportation products was the highest at $1 million, and No. 2 was the medical products category at $626,255. In the premises liability category, the median award against owners or operators of industry property was the highest, at $280,300, followed by government entities at $119,315 and $90,000 for recreational facilities Noun 1. recreational facility - a public facility for recreation recreation facility facility, installation - a building or place that provides a particular service or is used for a particular industry; "the assembly plant is an enormous facility" . In the overall premises category, the median award rose 15% in 2000 to $114,862 from $100,000 in 1999. Between 1994 and 2000, the median award rose 88%. The most common injury claims in premises liability between 1994 and 2000 were knee injuries, followed by disc damage. The report also showed a tightening of the time frame from incident date to trial date since 1994. In the premises liability category, the median number of months from incident to trial was 36 months, according to the 2000 figures, vs. 43 in 1994; in medical malpractice, the numbers were 45 in 2000 vs. 61 months in 1994; and in products liability, the figures were 49 months in 2000, compared with 55 months in 1994. |
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