A California physician is hit with an $8.5 Million verdict, although California's caps on non-economic damages will substantially reduce the judgment to probably below $2 Million. Still, with most physicians having only $1 Million per claim coverage, this could be a serious hit and could be an example of where careful pre-claim asset protection planning might have become useful in the negotiation of a settlement within policy limits.
Read story here.
Labels: asset protection, damages, malpractice, physician
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