A former insurance carrier for the city of Columbia, Missouri, is appealing a ruling that it owes $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 the appeal comes one month after a judge found that St. Paul Fire and Marine Insurance owes 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 was released from prison in 2013 in the 2001 killing of Columbia Daily Tribune Sports Editor Kent Heitholt.
Related:
Was this article valuable?
Here are more articles you may enjoy.
Experian Launches Insurance Marketplace App on ChatGPT 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
Judge Tosses Buffalo Wild Wings Lawsuit That Has ‘No Meat on Its Bones’ 
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 
