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AMERICAN INS. v. MOUNTAIN HOME SCH. D.

No. 89-46.

780 S.W.2d 557 (1989)

300 Ark. 547

The AMERICAN INSURANCE COMPANY and T.M.J. Builders, Inc., Appellant, v. MOUNTAIN HOME SCHOOL DISTRICT NO. 9, Appellee.

Supreme Court of Arkansas.

December 11, 1989.

Attorney(s) appearing for the Case

Hardin and Grace, Little Rock and Roderick H. Weaver, Clarksville, for appellant.

H. David Blair, Batesville, for appellee.

PURTLE, Justice.

The Baxter County Circuit Court entered a judgment against the appellants, the American Insurance Company and T.M.J. Builders, Inc., jointly and severally, in the amount of $85,728.00, to which the court added prejudgment interest totaling $12,105.03. The court also entered a 12 percent penalty in the amount of $10,287.36, together with an attorney's fee of $15,000.00 against appellant American Insurance Company only. Appellant T.M.J. Builders argues...

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