To the first question, yes. In Virginia, total damages are capped at $2 million for actions after July 1, 2008. Prior to that date, the cap decreases in increments over time to a cap of $1 million for actions prior to August 1, 1999. Punitive damages are capped at $350,000.
It is possible to sue a physician's professional association, in which case the damages are not capped. This type of lawuit, however, would be more difficult to prove.