Great American Insurance Company v. North Austin Municipal Utility District No. 1

JONES, Justice.

Appellant Great American Insurance Company (“Great American”) appeals a judgment in favor of North Austin Municipal Utility District No. 1 (“MUD”), appellee, awarding MUD equitable prejudgment interest at the rate of ten percent per annum. Great American contends in its first four points of error that the rate of prejudgment interest should have been six percent rather than ten percent. Points of error five, six, and seven assert error with respect to the award, calculation, and method of compounding of equitable prejudgment interest. We will affirm.

FACTUAL AND PROCEDURAL…