American Motorists Insurance v. R & S Meats, Inc.

This is a declaratory judgment case involving an insurance policy. American Motorists Insurance Company appeals from a judgment in favor of its insured, R & S Meats, Inc. The judgment declared that American Motorists' policy covered damage to R & S's property under a commercial property coverage policy. American Motorists argues that R & S's loss was excluded under various provisions of the policy. Even if there is coverage, American Motorists argues that the judgment improperly awards twelve percent interest on R & S's double costs pursuant to the offer of settlement statute, § 807.01, STATS.