State Farm Mutual Automobile Insurance Company and Sheryl Craig Missouri Cases

Michael Walsh and Sheryl Craig appealed the trial court's summary judgment in favor of State Farm Mutual Automobile Insurance Company in an equitable garnishment proceeding. Walsh had obtained a large judgment against Craig following a motor vehicle accident, and State Farm, Craig's insurer, paid its policy limit. Walsh and Craig sought additional post-judgment interest, arguing the policy required State Farm to pay interest on the full underlying judgment until satisfied. The appellate court affirmed, holding that State Farm's obligation to pay post-judgment interest terminated when it paid its liability coverage limit, and the policy language was unambiguous.