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Settlement Values by State
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== Key Facts: Mesothelioma Settlement Values by State == {| class="wikitable" style="width:100%; margin:1em 0; border-collapse:collapse;" |- ! style="background:#1a5276; color:white; padding:12px; text-align:left; width:50%;" | Settlement Factor ! style="background:#1a5276; color:white; padding:12px; text-align:left;" | Value / Details |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | National Average Settlement | style="padding:12px; background:#e8f4f8;" | '''$1 - $1.4 million''' for mesothelioma lawsuits |- | style="padding:12px; font-weight:bold;" | California (Highest State) | style="padding:12px;" | '''$1.6 million+''' average due to 235+ asbestos deposits |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | Trial Verdicts Range | style="padding:12px; background:#e8f4f8;" | '''$5 - $20.7 million''' average nationwide |- | style="padding:12px; font-weight:bold;" | Record Single Verdict | style="padding:12px;" | '''$250 million''' (Indiana vs. U.S. Steel, 2003) |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | Trust Fund Totals | style="padding:12px; background:#e8f4f8;" | '''$300,000 - $400,000''' combined across 5-8 trusts |- | style="padding:12px; font-weight:bold;" | Settlement Timeline | style="padding:12px;" | Trust funds: '''90 days''' / Lawsuits: '''12-18 months''' |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | Damage Cap States | style="padding:12px; background:#e8f4f8;" | AK, CO, HI, ID, MD, MS, OH, TN ('''35-45% lower''' awards) |- | style="padding:12px; font-weight:bold;" | Punitive Damage Impact | style="padding:12px;" | States allowing punitive damages: '''52% higher''' total awards |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | One-Year Deadline States | style="padding:12px; background:#e8f4f8;" | CA, KY, LA, TN – '''immediate action required''' |- | style="padding:12px; font-weight:bold;" | Pre-Trial Settlement Rate | style="padding:12px;" | '''73%''' of cases settle before trial |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | 2020-2025 Trend | style="padding:12px; background:#e8f4f8;" | Settlement values '''increased 15-25%''' |- | style="padding:12px; font-weight:bold;" | Shipyard Worker Premium | style="padding:12px;" | '''$2.3 million''' average settlements |} ----
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