Great Am. Ins. Co. v. AIG Specialty Ins. Co.

Full title: GREAT AMERICAN INSURANCE COMPANY, Plaintiff, v. AIG SPECIALTY INSURANCE…

Court: United States District Court, Southern District of New York

Date published: Jul 1, 2021

Civil Action 1:20-cv-04596-DLC (S.D.N.Y. Jul. 1, 2021)

Opinion

Civil Action 1:20-cv-04596-DLC

07-01-2021

GREAT AMERICAN INSURANCE COMPANY, Plaintiff, v. AIG SPECIALTY INSURANCE COMPANY Defendant.

DENISE COTE, DISTRICT JUDGE.

[PROPOSED] JUDGMENT

DENISE COTE, DISTRICT JUDGE.

On June 28, 2021, Plaintiff Great American Insurance Company (“Great American”) filed a motion for further relief pursuant to 28 U.S.C. § 2202 (the “Motion”). The Court grants the Motion and enters Judgment for Great American and against Defendant AIG Specialty Insurance Company (“AIG”) as follows:

1. In the amount of $ 1, 195, 067.91 for defense costs paid and prejudgment interest through July 6, 2021;

2. Post-judgment interest shall accrue from the date Judgment is entered pursuant to 28 U.S.C. § 1961;

3. AIG shall reimburse Great American, within 30 days of receipt of Great American's proof of payment, 50% of Great American's payments of additional defense costs pending the outcome of AIG's appeal; and

4. This Matter is hereby closed.