Virginia Legislators Learn the Truth About Rising Medical Malpractice Insurance Premiums
According to this post on Fredricksburg.com, a publication of The Free Lance-Star, the Virginia General Assembly, in an effort to figure what was causing rising medical malpractice insurance premiums within the state, required insurance companies to report on "closed claims." The first such report, on claims from 2002 through 2004, showed that three out of four cases in that time period produced no payout, five out of six juries found for the doctor or hospital, and awards of $1 million or more are rare. Looks like the insurance companies have some explaining to do.