Levin v. State Farm Mutual Automobile Insurance Co.

SEILER, Judge.

The question presented is whether an automobile liability insurer terminates its liability for further interest on a judgment which exceeds the policy limits, by paying into court the limit of its coverage, without at the same time paying accrued interest and costs.

This is a suit against defendant insurer State Farm Mutual Automobile Insurance Company to compel it to continue paying interest on plaintiff’s $90,000 judgment against its insured, Govero, despite the fact that State Farm had deposited its $25,000 bodily injury coverage into court. Summary judgment was entered for…