News & Insights
Caps On Noneconomic Damages For 2021
The Michigan Department of Treasury hasĀ announced that the new caps on noneconomic damages in products liability cases where the product did not cause either death or permanent loss of a vital bodily function for 2021 is $476,000. The indexed cap in cases involving death or permanent loss of a vital bodily function is now $851,000. The cap on noneconomic damages in medical malpractice cases is now $500,600.