Removing the caps on damages sought by plaintiffs would likely prompt employers to protect themselves by purchasing expanded legal liability insurance. That added burden of insurance would increase the cost of doing business in the United States and may result in a reduction of employees’ wages and benefits and/or the hiring of fewer workers.
The National Association of Manufacturers (NAM). From a letter to Congress by Jeri G. Kubicki, NAM’s Vice President Human Resources Policy.
Wednesday, January 7, 2009
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