BEAM, Justice, for the Court:
¶ 1. Sweet Valley Missionary Baptist Church appeals from the Marion County Circuit Court's order denying its request for prejudgment interest against Alfa Insurance Company. Because there was no judgment in this instance upon which interest could accrue, we affirm the trial court's judgment.
¶ 2. This suit arises from a 2005 insurance claim Sweet Valley Missionary Baptist Church ("Sweet Valley") filed with Alfa Insurance Corporation ("Alfa"), following storm damage to its property caused by Hurricane Katrina. Sweet Valley had a commercial insurance policy with Alfa Insurance for its religious organization located in Columbia, Mississippi. After Hurricane Katrina, Sweet Valley notified
¶ 3. Thereafter, Sweet Valley filed suit against Alfa for breach of contract and alleged that Alfa had undervalued its claim. Sweet Valley requested prejudgment interest in its complaint.
¶ 4. Alfa later invoked the appraisal provision in the insurance policy. It was determined that Sweet Valley was entitled to $462,761.89. Alfa remitted the full amount to Sweet Valley.
¶ 5. Subsequently, Alfa filed a motion for summary judgment, alleging that, since the appraisal had been conducted and it already had paid Sweet Valley $462,761.89, no genuine issues remained. The trial court granted Alfa's motion for summary judgment and dismissed Sweet Valley's claim. Sweet Valley now appeals the trial court's grant of summary judgment, raising the following issue:
¶ 6. Section 75-17-7 of the Mississippi Code governs prejudgment interest. It reads:
Miss.Code Ann. § 75-17-7 (Rev.2009).
¶ 7. In this case, the trial judge never entered a judgment or decree upon which prejudgment interest could accrue. In its complaint, Sweet Valley alleged that Alfa had undervalued its claim and had breached the insurance contract. So Alfa invoked the appraisal provision contained in the insurance contract, which led to the payment of $462,761.89 for Sweet Valley.
¶ 8. After the parties had resolved the claim's value through this contractual process, Alfa filed a motion stating that the parties had resolved the dispute and that the trial court had nothing else to decide. We agree, and the trial court properly entered an order of dismissal in favor of Alfa.
¶ 9. The statute's plain language clearly establishes that it has no application to cases which no judgment or decree has been entered. Sweet Valley seeks interest on the $462,761.89 that it obtained through a contractual appraisal process agreed to by the parties, and not as a result of a judgment or decree entered by the court.
¶ 10. Sweet Valley argues that this Court's decision in Arcadia Farms P'ship v. Audubon Ins. Co. supports its view that a trial court may award interest under Section 75-17-7 on an amount voluntarily paid by an insurance company.
¶ 11. On appeal in Arcadia, this Court confined its analysis to the trial court's ruling that Section 75-17-7 does not allow interest to accrue prior to the complaint's filing.
¶ 12. Here, we find the trial court rightly entered an order dismissing the case with prejudice because no dispute remained for adjudication. Accordingly, we affirm the trial court's decision.
¶ 13. The trial court's judgment is affirmed.
¶ 14.
WALLER, C.J., DICKINSON AND RANDOLPH, P.JJ., LAMAR, KITCHENS, KING, COLEMAN AND MAXWELL, JJ., CONCUR.