Haddad
Haddad v. SMG Long Term Disability Plan
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA 6 FADI G. HADDAD Case No. 16-cv-01700-WHO
Plaintiff,
ORDER ON PREJUDMENT INTEREST
v. 9 Re: Dkt. No. 106 SMG LONG TERM DISABILITY PLAN,
AND HARTFORD LIFE AND ACCIDENT
INSURANCE COMPANY, Defendants.
The parties are familiar with the underlying facts and long, complex procedural history of 13 this case. Under my prior Orders, there is one issue remaining for my resolution: whether, and if 14 so, what amount of prejudgment interest Hartford owes plaintiff in connection with Hartford’s 15 November 2019 payment of Long Term Disability (LTD) benefits to plaintiff covering the period 16 of September 1, 2015 through November 2019.1 17 Haddad argues that he is entitled to an award of prejudgment interest, despite not having 18 secured a judgment on either of his STD or LTD benefit claims, and that interest should be 19 awarded at a rate higher than the default Treasury Bill rate. Specifically, Haddad seeks an award 20 at 8% because that rate approaches the California Insurance Code default 10% rate2 and, because 21 if …