Thursday, January 6, 2011

Big Injury Suits Bruise Big Apple

In fiscal year 2008, $403 million in personal-injury lawsuits was paid out by New York City. That, according to Law Department figures. This represents a 6% increase over the previous year. The largest individual settlement amount was $8.5 million in 2008. On the dim, bright side, only $144 million in tort settlements was paid out by NYC’s Health and Hospitals Corp. which was less than the $151 million paid the previous fiscal year. The top malpractice case settled for a paltry $5 million. $547 million going out NYC's doors can surely make most New Yorkers sick... but certainly not the lawyers who handled the cases.

IMPORTANT NOTE: This piece was written today about an older New York City news headline. NYCo site delays prevented its publication before now. In an effort to entertain and educate this blog’s devoted viewers, 100’s of older headlines will be posted in chronological order until this blog is discussing current events again. Though some stories may no longer be as relevant as they once were, they remain interesting news items worthy of mention and viewer comments.

[This is a copyrighted editorial, originally published on
http://www.NEWYORKCITYonline.com/NYC-Online/blog.php. We invite you to post your comments and reply to others. This piece may be duplicated or printed with permission.]


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