The Illinois General Assembly amended the Code of Civil Procedure by modifying rules for interest on judgments. In all civil actions seeking recovery from personal injury or wrongful death through negligence, strict liability, wanton or willful misconduct, or intentional conduct, the plaintiff is entitled to recover prejudgment interest on all damages
On Dec. 9, 2020, the First District of the Illinois Appellate Court held that the Illinois postjudgment interest statute does not bind a defendant’s insurer, since the insurer’s obligation for paying the judgment amount is contractual only and hence governed by the terms and conditions of the insurance policy.
