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Although the recent decision of the Divisional Court in Carr v. Modi was mentioned in our previous blog, the decision warrants further commentary. This decision provides much needed clarity on the proper rate to be used when calculating prejudgment interest (“PJI”) on damage awards in Ontario personal injury cases arising from motor vehicle accidents.

http://www.millerthomson.com/en/blog/mt-insurance-law-blog/divisional-court-addresses-prejudgment-interest-rate/