Medical malpractice premiums are increasing faster than insurers' claims costs, according to a study by an insurance consumer advocacy group that has drawn fire from a trade group.
The report was derided by a property-casualty trade association representative as "laughable if this was not such a serious subject."
His salvo came after Wednesday's House of Representatives vote to approve a measure capping non-economic "pain and suffering" awards in medical malpractice suits at $250,000. While the House has approved the bill several times previously, the measure has always died in the Senate.
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