08/26/2025
Do you have enough insurance coverage? NM state min is 25/50/10…. That’s not even remotely close to protecting you or your assets. Make sure you sit dow with a licensed insurance agent (not family, friends or coworkers) and review your over all insurance protection plan.
Did you know…. The average jury verdict awarded in favor of plaintiffs was $16.2 million in 2024, representing a dramatic acceleration from $9.2 million in 2022 or the average of $4.3 million in 2019. This upward trajectory has been building since the COVID-19 pandemic, with median damage awards from 2020 through 2024 running more than 12% higher than those issued from 2015 through 2019. In contrast, damage awards from judges rather than juries have fluctuated moderately without showing significant growth patterns, according to the report.
