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All We Do is Injury Law

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Phone: 1-757-460-7776

PHONE: 757-460-7776
TOLL FREE: 800-752-0042

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Virginia (VA) Medical Malpractice Lawyers
Offices in VA Beach, Hampton & Elizabeth City, NC 
 



Blog Category:

Medical Malpractice/Doctor Mistakes

10/8/2009
James Lewis
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Report Shows Medical Malpractice Insurers Enjoying Major Profits

The talk surrounding health care reform has criticized injury lawyers as swindling doctors and insurance companies out of millions of dollars due to "frivolous" lawsuits. However, the facts don't support such accusations. In fact, reports indicate medical malpractice insurers are heaping in major profits.

In 2008, the average profit of the top ten malpractice insurers was higher than 99 percent of Fortune 500 companies. Insurer's profit margins range from 5.9 percent to 74.8 percent, with an average of 31.2 percent. You'd think if trial attorneys were making so much money off of "frivolous" lawsuits, insurance companies would see a decline in profits. Furthermore, a Harvard study showed that 97 percent of all medical malpractice lawsuits have merit and are worthy of litigation.

Another fact nobody talks about - 46 states have already implemented some type of tort reform and yet insurance premiums continue to increase at exponential rates. In addition, if major tort reform was added to a health care reform bill, the Congressional Budget Office stated the cost-savings would be "negligible" since medical malpractice lawsuits account for less than 2 percent of all health care costs.

The evidence is clear - tort reform is not a magic potion for solving our health care problems. People also need to keep in mind that when we discuss medical malpractice lawsuits, there are real people involved - the victims of medical negligence. Close to 100,000 people die every year due to preventable medical mistakes. It's easy to talk about tort reform, but try to put yourself in the shoes of someone who's had their life changed forever because of a medical mistake or you lose a loved one from a botched surgery. Victims deserve quality representation and should not be hindered when seeking justice.
injury lawyer, medical malpractice, insurance, health, tort reform, health care

Should certain reforms be made in tort law? Of course, the system isn't perfect (not much is in our current health care system) but don't look at tort reform as the cure-all to our health care woes. It isn't and the facts prove it.

About the Editors: Shapiro, Lewis & Appleton is a law firm which focuses on injury and accident law and we have experience handling medical malpractice cases. Check out our case results to see for yourself. Our law firm has offices in Elizabeth City, North Carolina (NC) and Virginia Beach, Virginia (VA). Our attorneys have handled thousands of medical malpractice cases including surgical errors, misdiagnosis, and negligence. We would like to send you one of our FREE reports about medical malpractice, including our Top 10 Tips from a Medical Malpractice Insider and our special report on the top 5 surgical errors you need to know about. Our lawyers hold licenses in NC, VA, SC, WV, KY and DC. We are ready to talk to you by phone right now-we provide free initial confidential injury case consultations, so call us toll free at 1-800-752-0042. Our injury attorneys also host an extensive injury law video library on Youtube .  In addition, our lawyers proudly edit the Northeast North Carolina Injuryboard, as well as the Virginia Beach Injuryboard and Norfolk Injuryboard as a pro bono public information service.

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How can you identify a top Virginia injury lawyer for your case? Look no further.

Our VA personal injury lawyers have been selected for many accolades.

Two of the attorneys with our Virginia Beach accident injury law firm, James Lewis and Rick Shapiro, have been named the Best Lawyers in America since 2008. Two of our VA injury lawyers -- Lewis and Shapiro - have been named to Virginia Super Lawyers for Personal Injury since 2010. In addition, Lewis and Shapiro have been selected for inclusion in the National Million Dollar Advocates Forum since 2009

Our VA accident injury law firm was the first in the commonwealth nvited to join
Primerus, a select group of highly ethical and respected law firms. Rick Shapiro was named as one of the Top 100 Injury Lawyers in Virginia by the National Trial Lawyers Association.


In October, 2000 our law firm and co-counsel obtained what was then the largest verdict in Virginia's history for an injured person. Our brain damaged client received an initial award of $46 million that rose to $60 million with interest when the defendant abandoned an appeal and agreed to settle. 


Best Injury Lawyers in VirginiaTop Virginia Injury Lawyers


Geographical Areas

Our personal injury lawyers handle personal injury cases throughout the eastern USA, and work closely with lawyers in other states on signficant injury cases.

In Virginia, this includes Norfolk, Virginia Beach, Chesapeake, Portsmouth, Hampton, Newport News, Suffolk, Richmond, Petersburg, Roanoke, Salem, Alexandria, Arlington, Fairfax, Fredericksburg, Charlottesville, Ashland, Big Stone Gap, and every community on the Eastern Shore, including Accomack, Onancock, Chincoteauge, Wachapreague, and Cape Charles, Bloxom, Eastville, Exmore, Greenbackville, Machipongo, Mappsville, Melfa, Nassawadox, Onley, Tangier, Temperanceville, Wachapreague and Wallops Island.

In West Virginia, we can handle personal injury claims in Bluefield, Beckley, Bridgeport, Charles Town, Charleston, Fairmont, Huntington, Lewisburg, Madison, Martinsburg, Morgantown, Moundsville, Parkersburg, Ripley, Sutton, Weirton, Wheeling and any other town or county.

Injury Lawyers licensed in VA, WV, North Carolina (NC), South Carolina (SC), Kentucky (KY), Florida (FL) and Washington, DC.

 





About the Editors: Shapiro, Lewis & Appleton is a Virginia injury law firm whose attorneys focus on personal injury and accident law and have extensive experience handling medical malpractice and doctor mistake cases. Please take a few moments to review our medical malpractice case resultsWe have offices in Virginia Beach and Hampton, VA, but we're ready to come to you anywhere in Virginia, including Norfolk, Portsmouth, Chesapeake, Newport News and Suffolk, VA, if you've been seriously hurt by the carelessness of a doctor, surgeon, nurse or pharmacist.

Rick Shapiro and James Lewis have been recognized as among the
 Best Lawyers in America since 2008. Also, Rick and Jim have been named
Virginia Super Lawyers for Personal Injury Law since 2010. Fewer than 5 percent of lawyers are chosen for this professional honor.

Members of our VA personal injury law firm have also been selected by the 
National Million Dollar Advocates Forum since 2009. In addition, we were the first injury law firm in Virginia to join Primerus, a select group of highly ethical and respected law firms. Our VA medical malpractice firm has the highest rating of AV from Martindale-Hubbell, a national lawyer ranking organization, which means we have a reputation for preeminent legal skill.

We offer free special reports on the Top 10 Tips from a Medical Malpractice Insider and the top five surgical errors you must know about

While not every injury case meets our criteria, we offer free initial confidential injury case consultation, so call us toll free at (800) 752-0042. If you cannot get through due to high call volume, please leave a voicemail so we can return your call.


Best Virginia Injury Lawyers  Virginia Super Lawyers  




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