JOAN BERNARD ARMSTRONG, Chief Judge.
Defendants-appellants, James E. Bambino ("Bambino") and his liability insurer, Erie Insurance Company ("Erie"), appeal a judgment dated March 24, 2010, awarding the plaintiff-appellee, Michelle Rae Smith ("Smith") penalties in the sum of $5,000.00 for allegedly failing to pay an agreed upon settlement amount of $85,000.00 within 30 days of the settlement pursuant to La. R.S. 22:1973.
On January 13, 2007, Smith was a passenger...
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