HORSHAM,
Pa. - Plaintiffs injured by tractors, backhoes and other
farm equipment won significantly more money in products
liability cases than those harmed by household appliances,
playground equipment or baby products.
According to Jury Verdict Research®'s
report, Products Liability: Verdicts, Settlements and Statistical
Analysis, the median compensatory jury award for farm products
was $1.47 million more than the median award for consumer
products. The median awards for transportation products,
that included cars, trucks, buses and motorcycles; and medical
products, such as medications, prosthetic devices and orthopedic
hardware, were at least $1 million. The overall median compensatory
award for products liability cases was $700,000.

The 67-page report also
details plaintiff recovery probability (percentage of plaintiff
verdicts to total verdicts), percentage of jury awards for
$1 million and more, and jury-award mean, range and probability
range for 50 specific categories in the 10-year period studied.
Category
Breast Implants
Drugs/Vaccines
Elevators/Escalators
Restaurant Food
Tires
|
Median
award
$1,500,000
$2,024,730
$ 572,000
$ 9,000
$1,038,000 |
Awards
of $1 million
54%
80%
38%
<1%
58%
|
Plaintiff
recovery rate
36%
67%
37%
42%
36%
|
| |
|
|
|
Based on Jury
Verdict Research®'s database of more than 213,000 personal-injury
verdicts and settlements, the study also contains more than
50 products-liability case summaries.
Copies of Products Liability: Verdicts,
Settlements and Statistical Analysis are available from
Jury Verdict Research® for $32.50 plus $5.50 shipping
and handling. To order or for more information, call 1-800-341-7874,
e-mail custserve@lrp.com, or visit www.juryverdictresearch.com.
Jury Verdict Research® maintains
the only nationwide database of more than 213,000 plaintiff
and defense verdicts, and settlements resulting from personal
injury claims. The data are reported, tabulated and analyzed
to determine values, trends and deviations for 400 injuries
and 300 liabilities.
###
EDITOR'S NOTE: For a media-review
copy of Products Liability: Verdicts, Settlements and Statistical
Analysis, please call Gary Bagin at 215-784-0941, ext. 6370,
or e-mail garyb@lrp.com.