Liability Risk and Insurance
On the other hand…
Tough words from the Physician Insurers Association of America (PIAA) which has slammed the Weiss report into caps on non-economic
damages, calling it fatally flawed. The PIAA says that ‘While the use of median payment data shows that cap states fare better
than others, it greatly understates the difference by ignoring the spiraling rise in total claim payments caused by a greater
proportion of large payments.’