Personal injury lawyers in Wisconsin and elsewhere have long known that caps on damages do not stop insurance companies from increasing premiums. In addition to those authorities referred to below, a recent Insurance Journal study proves this with respect to medical malpractice. Where damage caps limiting a person's right to recovery existed, insurance premiums still went up "even though insurers enjoyed a slowdown in their payouts." So why do we have such caps in Wisconsin?
Wisconsin Personal Injury Attorney
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