Wooden judge gavel and us money dollar bills. Bribe concept Missouri Court Upholds $28M Jury Verdict Against Life Insurer, Remands for Prejudgment Interest Award
In Karr v. Kansas City Life Insurance Company, the Jackson County Circuit Court initially entered a jury's $28,362,830.96 verdict in favor of Karr. However, the lower court declined to award plaintiff David B. Karr prejudgment interest.
October 01, 2024 at 11:33 AM
5 minute read
Insurance Litigation
In addition to upholding a $28 million jury award against an insurance company in a class-action suit over universal life insurance policies, a Missouri appellate court recently sent a portion of the case to the trial court to after determining the plaintiffs were also entitled to prejudgment interest.
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