PreJudgment

Massachusetts Court Ruling: Prejudgment Interest Calculated Beyond PIP Offsets in Landmark Decision

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BOSTON — The ongoing legal discourse surrounding prejudgment interest in Massachusetts is gaining renewed attention as courts determine how to apply these awards effectively. A recent ruling has significant implications for personal injury cases, particularly concerning the offset for Personal Injury Protection (PIP) benefits. In a critical decision, the Massachusetts Appeals Court clarified how prejudgment interest should be calculated. The court ruled that the interest should be based on the total damages awarded, minus any applicable PIP benefits. This approach aims to provide a more equitable outcome for plaintiffs while also considering the financial protections … Read more

Missouri Court Upholds $28 Million Verdict Against Kansas City Life Insurance, Orders Additional Prejudgment Interest

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JEFFERSON CITY, Mo. — In a significant ruling, a Missouri appellate court has affirmed a $28 million jury award in a class-action lawsuit involving Kansas City Life Insurance Co. The case centers on disputes over the way universal life insurance policies’ values were calculated, potentially affecting numerous policyholders. Additionally, the court has remanded the matter back to trial court to address the issue of prejudgment interest, which could substantially increase the compensation owed to affected class members. The appellate court’s decision stems from a lawsuit titled Karr v. Kansas City Life Insurance Co., where plaintiffs … Read more

Court Orders Additional $2 Million in Pre-Judgment Interest to Victim Awarded $10 Million in Carnival Miracle Assault Case

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Miami, FL – In a significant legal ruling, a trial court recently awarded an additional $2 million in pre-judgment interest to a victim who was awarded $10 million in damages last month for a rape incident that occurred aboard the Carnival Miracle cruise ship. This decision marks a crucial development in a case that has captured national attention and highlighted issues of safety and security on cruise vessels. The incident, which took place several years ago, involves a female passenger who was attacked and raped by a crew member during a voyage. The jury’s substantial … Read more