A judge has ordered a former insurance carrier for the city of Columbia to pay $5.3 million to a man who served 10 years in prison before his conviction for killing a sports editor in Columbia was thrown out.
The Columbia Daily Tribune reports that Judge Glen Dietrich ordered St. Paul Fire and Marine Insurance pay Ryan Ferguson $1 million per year for the five years he spent in prison while the policy was in effect. The judge also awarded Ferguson $354,000 in attorney’s fees. Ferguson had sued the insurer to collect part of an $11 million payout awarded last year.
Ferguson’s attorney, Michael Barry, says he’s happy for his client.
Ferguson was released from prison in 2013 in the 2001 killing of Columbia Daily Tribune Sports Editor Kent Heitholt.
Was this article valuable?
Here are more articles you may enjoy.
Banking Watchdogs Ramp Up AI Scrutiny as Stability Fears Mount, Sources Say
Two Past Hurricanes, OIR Data Give Idea of What to Expect From Isaias in Florida
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says
Hurricane Isaias Reaches Cat 3 Status as Insurers, Adjusters, Property Owners Prepare 

