Man Pays Insurance Settlement in Quarters
- 11 years ago
An Illinois man, outraged by a court’s decision that he must redistribute the settlement awarded to him as a result of his son’s death, has started to pass out the money in change.
An Illinois man, outraged by a court’s decision that he must redistribute the settlement awarded to him as a result of his son’s death, has started to pass out the money in change.
Specifically, quarters - he wanted to use pennies, but discovered that wasn’t a workable option.
In 2001 Roger Herrin’s son was killed when a truck ran through a stop sign and broadsided the vehicle he was in.
The other passengers survived, and, following a judgment in which Herrin was given the lion’s share of the insurance money, sued for a better cut.
They won, so Herrin decided to deliver about a third of the repayment –150 thousand dollars - in quarters.
He said that dropping off the immensely heavy installment didn’t bring him any satisfaction as losing a child has no financial equivalent. In his words, "If and when someone loses a child it leaves a hole in your heart that is never repairable."
An attorney on the receiving end called the move “counterproductive”. He also questioned whether or not the means of repayment and all of the media attention it garnered created a heightened burglary risk for the firm.
An Illinois man, outraged by a court’s decision that he must redistribute the settlement awarded to him as a result of his son’s death, has started to pass out the money in change.
Specifically, quarters - he wanted to use pennies, but discovered that wasn’t a workable option.
In 2001 Roger Herrin’s son was killed when a truck ran through a stop sign and broadsided the vehicle he was in.
The other passengers survived, and, following a judgment in which Herrin was given the lion’s share of the insurance money, sued for a better cut.
They won, so Herrin decided to deliver about a third of the repayment –150 thousand dollars - in quarters.
He said that dropping off the immensely heavy installment didn’t bring him any satisfaction as losing a child has no financial equivalent. In his words, "If and when someone loses a child it leaves a hole in your heart that is never repairable."
An attorney on the receiving end called the move “counterproductive”. He also questioned whether or not the means of repayment and all of the media attention it garnered created a heightened burglary risk for the firm.