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When an insurance policy requires an insurer to pay delay damages on any "judgment," the insurer is liable even if the case settles before a verdict is formally entered as a judgment, a federal judge has ruled. In his decision, Senior U.S. District Judge Charles R. Weiner of the Eastern District of Pennsylvania found that delay damages are deemed part of the verdict rendered by the jury.
November 21, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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