10.5 Million Dollars sounds about right.
If you value rich successful people far above the rest of us.
Loss of earnings and loss of earnings capacity damages have long annoyed me for that reason. A single statutory value of life — maybe even as much as one million — should be the standard.
High earners have the wherewithal to insure themselves and should do so, rather than passing the loss on to society at large. (Which directly or indirectly is what the current system does.)
My “business” insurance (just myself) has doubled to $20,000 a year because of this kind of stuff. My agent said in the previous 20 years the most he ever saw for a claim was $1 million, and it was for a death.
He told me he just had a claim of $3 million for a guy that tripped on a crack and damaged his knee which would impair him (but not stop him) at his job as a home builder!