Blank v. USAA Property & Casualty Insurance

USAA Property & Casualty Insurance Company, after rejecting a pretrial offer of settlement for its liability policy limits of $100,000, appeals a judgment awarding the plaintiff double costs and prejudgment interest under § 807.01(3) and (4), Stats., calculated upon the entire $7,500,000 judgment against USAA and its insured. USAA rejected the offer to settle for its policy limits because plaintiff refused to also release its insured, William Adney. The plaintiff won a $7,500,000 verdict for catastrophic injuries attributable to Adney's negligent driving while intoxicated. The novel issue is…