Both the North Carolina Medical Society and the N.C. Academy of Trial Lawyers are supporting a bill, approved in the House by a wide margin Monday night, that caps monetary damages in negligence cases at $1 million, but only for those who agree to go to binding arbitration. The agreement is a marked change from previous years, when physicians have blamed rising malpractice insurance premiums on multimillion-dollar awards by runaway juries.
May 23, 2007 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
In a turnaround from previous years, both doctors and lawyers in North Carolina are supporting a bill that would cap monetary damages at $1 million in some medical malpractice cases.
Both the North Carolina Medical Society and the N.C. Academy of Trial Lawyers support a bill, approved in the House by a wide margin Monday night, that caps monetary damages in negligence cases at $1 million, but only for those who agree to go to binding arbitration.
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