Implications Of Nickerson V. Stonebridge

Law360, New York (March 30, 2011, 12:28 PM EDT) -- On March 16, a Los Angeles County jury awarded Thomas Nickerson — a 59-year-old paraplegic and former Marine — $19,035,000 after a trial in which Nickerson alleged his insurer, Stonebridge Life Insurance Co., paid for only 19 of his 109-day inpatient hospitalization at the Veteran’s Administration Hospital in Long Beach, Calif. The total inpatient billed charges were $38,150. This jury awarded $35,000 for pain and suffering and $19 million in punitive damages.

As alleged, in 2008, Nickerson fell from a wheelchair ramp and sustained multiple, compound...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.