March 16, 2010
2nd Circuit Rejects Malpractice Suit Against Plaintiffs Firms
A federal appeals court has ruled that two prominent New York plaintiffs firms are not liable to former clients for failing to sue accounting firm Arthur Andersen in a securities fraud suit stemming from the largest Ponzi scheme in U.S. history.
The Kaiser Daily Health Policy Report features recent developments related to medical malpractice in four states. Summaries appear below.Illinois: Illinois medical malpractice insurance premiums have decreased by an average of 5.2% this year and either will remain the same or drop again next year, according to ISMIE Mutual, the state's largest malpractice insurer, the Chicago Sun-Times reports.
The Cook County Board on Wednesday approved a $35 million medical malpractice payout to a woman who suffered severe brain damage after undergoing a botched procedure at a county-run hospital.
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