JACKSON — Mississippi’s business community is celebrating Wednesday the 10th anniversary of the passage of tort reform legislation.
Former Gov. Haley Barbour is scheduled to be the keynote speaker for the event at the downtown Jackson Convention Center.
The $1 million cap on noneconomic damages applies to what a jury can award someone for such things as pain and suffering.
Noneconomic damages under Mississippi law do not include punitive damages.
There is no cap on damages for economic losses, such as how much the person could have expected to earn in his or her lifetime or for such things as continuing medical expenses.
The initial limits on lawsuit awards came in 2002. The law was amended in 2004 amid complaints that the initial changes didn’t go far enough.