United States First Circuit
Vazquez-Filippetti v. Banco Popular de Puerto Rico, 11-1208
In a personal injury action, the district court's denial of plaintiff's request for post-judgment interest from defendant-insurer is reversed and remanded, where: 1) the plain terms of the policy leave no doubt that defendant-insurer obligated itself to pay post-judgment interest on the entire judgment against its insureds, notwithstanding the policy limit; but 2) under the plain terms of the policy, once defendant-insurer paid the policy limit into the court, representing the portion of the judgment owed under the policy, its duty to pay additional post-judgment interest abated even though it had not paid interest accrued to that point.
Appellate Information
- Decided 07/15/2013
- Published 07/15/2013
Judges
- HOWARD
Court
- United States First Circuit