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Montague v. Dixie National Life Insurance Company

United States District Court, D. South Carolina, Columbia Division
Jun 20, 2011
C/A No.: 3:09-cv-687-JFA (D.S.C. Jun. 20, 2011)

Opinion

C/A No.: 3:09-cv-687-JFA.

June 20, 2011


ORDER


This order follows the court's order of June 20, 2011, in which it found that the above-named Defendants breached the terms of the supplemental insurance policies it entered into with the Plaintiffs. After granting the Plaintiffs' motion for summary judgment with respect to damages, the court now finds that the Defendants owe the Plaintiffs damages in the amount of $3,396,789.55, which consists of actual damages and prejudgment interest for each individual class member as of the date of this order. The court finds this is the amount owed based upon the calculations of Plaintiffs' expert George DuRant, whose calculations the Defendants did not oppose. The court further orders that post-judgment interest shall accrue at the following rates, which were established by the policies entered into between the parties, except for Class Member 11, whose post-judgment interest rate is established by 28 U.S.C. § 1961(a):

Class Members 1-8 (CP1001) 18% Class Members 9-10 (CP1001A) 18% Class Member 11 (CP1003) 0.18% Class Members 12-53 (CP1004) 9% IT IS SO ORDERED.


Summaries of

Montague v. Dixie National Life Insurance Company

United States District Court, D. South Carolina, Columbia Division
Jun 20, 2011
C/A No.: 3:09-cv-687-JFA (D.S.C. Jun. 20, 2011)
Case details for

Montague v. Dixie National Life Insurance Company

Case Details

Full title:Phyllis Gaither Montague, on behalf of herself and all others similarly…

Court:United States District Court, D. South Carolina, Columbia Division

Date published: Jun 20, 2011

Citations

C/A No.: 3:09-cv-687-JFA (D.S.C. Jun. 20, 2011)