· 9/10/1990
Allstate Insurance Co. v. Starke
Citations
- 797 P.2d 14
- 14 Brief Times Rptr. 1208
- 1990 Colo. LEXIS 564
- 1990 WL 129115
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- recognizing there is a substantive difference between prejudgment interest — which is an 17 element of compensatory damages — and postjudgment interest — which is not
- noting that the words of a contract should be given their plain meaning according to common usage
- applying the \personal injury statute\ to a liability claim against an insurer
- “Insurance policies are contracts, and must be construed to carry out the intent of the parties.”
- “prejudgment interest is an element of compensatory damages in actions for personal injuries, awarded to compensate the plaintiff for the time value of the award eventually obtained against the tortfeasor.”
- Colorado Supreme Court noted that “[t]he overwhelming majority of other jurisdictions . . . likewise hold that prejudgment interest is an element of compensatory damages, thus limiting an insurer’s liability for prejudgment interest to the policy’s damages coverage”
Source: CourtListener parenthetical corpus (CC0).
Judges: Lohr
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.