Illinois Appellate Court
Civil Court
Insurance
Plaintiff filed personal injury suit; insurer defended its insured in that PI suit. Court properly dismissed Plaintiff’s complaint with prejudice, as parties agreed to resolve matter through binding arbitration. High-law agreement parties entered into was a settlement agreement, and $100,000 award entered at conclusion of binding mediation was predetermined by parties’ agreement and was not determined after an actual adjudication. Thus, Defendant’s insurer was not required to pay Plaintiff interest per Section 2-1303 of Code. (PIERCE and SIMON, concurring.)