- 6 - the award, which brought the total actual damages and prejudgment interest to $14,097,201 and the total actual and punitive damages and prejudgment interest to $31,597,201. Postjudgment interest of 10 percent per annum as provided by Texas law was ordered to be paid on this total sum. After the judgment was entered, Harte-Hanks moved for a new trial, but its motion was denied on June 15, 1990. On August 3, 1990, Harte-Hanks appealed the case to the Court of Appeals for the Fourth Court of Appeals District, San Antonio.3 However, while the appeal was pending, the parties agreed to settle. The Insurance Coverage Harte-Hanks' insurance coverage, which insured it against loss attributable to petitioner's claims against it, was "tiered". That is, no insurance company provided coverage for the full range of Harte-Hanks' potential liability; rather, insurance was provided by several companies, and each insurance company provided coverage for a defined level of liability. The television station's insurance coverage was provided as follows: Insurance Company Layer of Insurance Coverage Lower Tier Continental Casualty Co. (Continental) First $2 million American Casualty Company1 Same as Continental Mission Insurance Company (Mission) $2 million to $7 million Western Employer's Casualty (Western) $7 million to $12 million 3 This case was styled Harte-Hanks Television, Inc. and Harte-Hanks Communications, Inc. (Appellants) vs. Sudhir Srivastava, M.D. (Appellee).Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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