State Farm Mutual Automobile Insurance Co. v. Barker - In the Court of Appeals of the State of New Mexico

State Farm Mutual Automobile Insurance Co. v. Barker

By In the Court of Appeals of the State of New Mexico

  • Release Date: 2004-06-29
  • Genre: Law

Description

1 In this case, we must determine if the trial court properly denied a claim for prejudgment interest under NMSA 1978, 56-8-3 (1983), on an arbitration award. The award established the amount of damages payable by an insurance company to its insured, based on an accident caused by an uninsured motorist. We hold that the award of prejudgment interest was correctly denied, and we affirm.

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