Meridian Security Insurance Co. was responsible for paying $35,000 in prejudgment interest, starting from the date of each attorney invoice, a court ruled.
A bill described as "the first part of Gov. Brian Kemp's multiyear approach to tort reform," received a favorable Georgia House Insurance Committee reading on February 15.
The insurance company argued that the defendants were negligent and are liable for the $170,000 policy paid to the insured for the damages caused by a fire, the complaint said.