As of January 1, 2015, the Insurance Act was amended to provide that the 5 % pre-judgment rate set out in the Rules of Civil Procedure does not
apply in motor vehicle accident cases.
Not exact matches
As a result, pre-judgment interest on general or non-pecuniary damages
in motor vehicle accident cases will now be based on the rate that
applies to all other damages.
Claims for general damages
in automobile
cases are subject to a statutory threshold test.1 If a person injured
in a
motor vehicle accident meets the threshold test, a statutory deductible
applies.
In 2015 we published several blogs on the interest rate that should apply to claims for pain and suffering in motor vehicle accident case
In 2015 we published several blogs on the interest rate that should
apply to claims for pain and suffering
in motor vehicle accident case
in motor vehicle accident cases.