Mealey's Insurance - Ore. Federal Judge Awards Insured Prejudgment Interest In Environmental Dispute

Mealey's Insurance - Ore. Federal Judge Awards Insured Prejudgment Interest In Environmental Dispute

PORTLAND, Ore. - An Oregon federal judge on March 3 reduced a judgment by $700 entered in an insured's favor in an environmental contamination coverage dispute to correct a calculation error and also awarded the insured more than $500,000 in prejudgment interest (Ash Grove Cement Co. v. Liberty Mutual Insurance Co., et. al., No. 09-239, D. Ore.; 2014 U.S. Dist. LEXIS 27129).

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