Mortensen v. American Family Mutual Insurance Company
ORDER granting 72 Plaintiff's Motion to Tax Statutory Interest and Enter Judgment against Defendant. Judgment shall enter against Defendant American Family Mutual Insurance Company in the amount of $199,547.78, inclusive of pre-judgment interest. Judgment shall continue to accrue post-judgment interest at the rate of 8% per annum, compounded annually, until the judgment is paid. Plaintiff shall file a separate Bill of Costs, with costs to be taxed against Defendant. Entered by Judge Raymond P. Moore on 2/9/2016. (cpear)
IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLORADO
Judge Raymond P. Moore
Civil Action No. 14-cv-01318-RM-CBS
AMERICAN FAMILY MUTUAL INSURANCE COMPANY
This matter is before the Court on Plaintiff’s Motion to Tax Statutory Interest and Enter
Judgment against Defendant. (ECF No. 72.) Plaintiff’s motion indicates that Defendant does
not oppose the relief sought therein.
This matter was tried to a jury in this Court from January 11, 2016 to January 14, 2016.
The jury returned a verdict on January 14, 2016 in favor of the Plaintiff, Gayla Mortensen, and
against the Defendant, American Family Mutual Insurance Company, in the amount of
$220,000.00. As this is an underinsured motorist case, the judgement is reduced by the amount
recovered from the negligent driver’s insurer before interest is calculated. Witt v. State Farm,
942 P.2d 1326, 1327 (Colo. App. 1997). Thus, the $220,000.00 verdict amount is reduced by the
$100,000.00 Plaintiff received from the tortfeasor, leaving $120,000.00. Pursuant to C.R.S. §
13-21-101, and as calculated in Plaintiff’s motion (ECF No. 72 at 2), the total amount of prejudgment interest to be taxed against the Defendant, and in favor of the Plaintiff, is $79,547.78.
Adding this interest calculation to the post-offset judgment, the total judgment to be entered
against Defendant, inclusive of interest to the date of verdict, January 14, 2016, is $199,547.78.
Having reviewed the record, and otherwise being fully informed, the Court hereby
ORDERS as follows:
1. Plaintiff’s Motion to Tax Statutory Interest and Enter Judgment against Defendant
(ECF No. 72) is GRANTED.
2. The Clerk of Court is directed to enter JUDGMENT against Defendant American
Family Mutual Insurance Company in the amount of $199,547.78.
3. Pursuant to C.R.S. § 13-21-101, this Judgment, inclusive of pre-judgment interest, in
the amount of $199,547.78, shall continue to accrue post-judgment interest at the rate of 8% per
annum ($43.74 per day), compounded annually, until the Judgment is paid.
4. Plaintiff shall file a separate Bill of Costs with costs to be taxed against the Defendant.
DATED this 9th day of February, 2016.
BY THE COURT:
RAYMOND P. MOORE
United States District Judge
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