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Recovering Pre-Award Interest Once Again

RSJ member E. Curtis Roeder has again successfully petitioned the court to recover interest from an insurance company that failed to timely pay an insurance claim.

The case involved a significant plumbing failure at a home in St. Louis County, Minnesota.  American Family Mutual Insurance Company insured the home.

American Family argued that the homeowner was not entitled to interest on the award, even though the homeowner had to go through a lengthy claim process and insurance appraisal to make it pay on the claim.  The St. Louis District Court rejected American Family's arguments and awarded Roeder's client interest on the insurance claim in the amount of $38,654.03.

This is another case that reaffirms the rights of policy holders to recover interest from an insurance claim that undervalues a property insurance claim.

20140711 Court's Order.pdf

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