High-Dollar Insurance Settlements

Philadelphia says Cincinnati Specialty Underwriters Insurance Co. must pay nearly $12 million tied to a settlement with a gun shop operator. The underlying case involved allegations of illegal gun purchases. The city’s complaint was filed in Pennsylvania state court.

Aug 17

Glenmark Pharmaceuticals’ U.S. subsidiary will pay Humana nearly $15.3 million to resolve antitrust and consumer protection lawsuits. The settlement, disclosed in an Aug. 11 filing, will be paid in two installments and includes interest. Glenmark said the deal should not have a significant financial effect.

Aug 13

A Georgia federal court approved an $11.5 million settlement earlier this year in a class action brought by immigrant workers. The suit was first filed in 2022. The approval ended the litigation.

Aug 12

Genworth Financial reached a $219 million settlement in March 2016 that resolved all claims against the company. The deal was announced eight weeks before trial after extensive discovery and investigation. The court granted final approval after a July 20, 2016 fairness hearing, and the settlement fund has since been fully disbursed.

Aug 13

Brighthouse Life Insurance Co. and class plaintiffs are seeking preliminary approval of a $9.25 million settlement in New York federal court. The suit alleges the insurer breached contracts by failing to lower cost of insurance rates despite improved mortality data. Elsewhere, Newrez LLC agreed to pay $15.5 million over force-placed insurance charges, and the Eleventh Circuit dismissed Mt. Hawley Insurance Co.'s appeal after the underlying Florida case settled.

Aug 13

Plaintiffs in Crain v. Accredited Surety & Casualty have repeatedly beaten efforts to dismiss their antitrust claims. In June 2025, the court approved $3 million in settlements with Lexon Insurance Company and Danielson National Insurance Company. Additional settlement-related orders were entered in March 2026 as the case moved closer to resolution.

Aug 10

New Jersey secured federal court approval of two settlements with 3M and DuPont-related companies over PFAS and other contamination across the state. The DuPont settlement is valued at more than $2 billion and is described as the largest environmental recovery for a single state. The 3M deal is valued at $400 million to $450 million.

Aug 10

An Oregon farming operation agreed to pay $6.2 million to exit a federal pollution suit in Portland. The class action alleged the company contributed to groundwater contamination in the Lower Umatilla Basin in violation of state law and RCRA. In New Jersey, a federal judge approved settlements worth up to $1.32 billion with 3M and DuPont-related companies over PFAS and other contamination at four state industrial sites and statewide.

Aug 13

A Connecticut federal judge should not have certified a policyholder class that secured a $147.5 million cost-of-insurance settlement with Lincoln National and a Cigna unit, the Second Circuit held Tuesday. The ruling was a win for objectors pursuing parallel cases in other states. The settlement was tied to policyholder claims over cost-of-insurance charges.

Aug 11

Nuclear verdicts in 2024 reached a record 135 cases against corporate defendants, totaling $31.3 billion. The figure was up 52% from 2023 and included 49 verdicts above $100 million. Five of those awards exceeded $1 billion.

Aug 10

Argonaut Insurance Co.'s directors and officers policy barred coverage for Yellowstone Capital LLC's $1 billion settlement with New York Attorney General Letitia James. Yellowstone and its CEO sued for coverage after the attorney general's action over allegedly deceptive and fraudulent practices. Judge Jamel K. Semper found the policy exclusion for intentionally false or misleading advertising applied.

Aug 12

Maguire Iron Inc. and United Fire & Casualty Co. are finalizing a deal to resolve a coverage dispute over alleged cheese contamination at an Iowa plant. The case involved litigation claiming about 1 million pounds of cheese was contaminated by the water tower services company. The settlement in principle would end all pending claims in the South Dakota federal case.

Aug 11

Monsanto announced a proposed nationwide Roundup class settlement on February 17, 2026 to resolve current and future claims alleging non-Hodgkin lymphoma injuries. A Missouri court granted preliminary approval on March 4, and the agreement is scheduled for a final approval hearing on September 14 after being reset from August 19. The settlement would cover U.S. claimants exposed to Roundup before February 17, 2026.

Aug 6

A federal judge approved more than $2.5 billion in New Jersey settlements with DuPont, Chemours, Corteva and 3M over PFAS pollution. DuPont, Chemours and Corteva will pay $875 million over 25 years, create a $1.2 billion remediation fund, and establish a $475 million reserve for four former industrial sites. 3M will pay $400 million to $450 million over the same period for drinking water contamination claims.

Aug 7

New York Attorney General Letitia James urged current and former delivery workers eligible for the DoorDash settlement to file claims by Dec. 31, 2025. In February 2025, she secured $16.75 million after an investigation found DoorDash used tips meant for Dashers to subsidize guaranteed pay. Separately, Chicago announced an $18 million settlement with DoorDash on Nov. 14, 2025, including $3.25 million for restaurants listed without consent and $5.8 million in credits for eligible restaurants.…

Aug 5

Pierce County Library System agreed to a settlement worth up to $385,000 to resolve claims that it failed to protect private information in a July 2025 data breach. The preliminary deal, approved on May 29, 2026, covers about 3,275 current and former employees, family members, and contractors who received notice. Class members may seek up to $250 for ordinary losses, up to $4,000 for extraordinary losses, or credit monitoring and identity restoration services.

Jul 27

U.S. District Judge Victoria Marie Calvert approved AGC America’s $597,000 all-cash cyberattack settlement. The deal resolves claims from a December 2023 breach that exposed personal data of 20,951 people. Eligible class members can seek up to $2,500 for documented losses and receive two years of credit monitoring and insurance services. The lawsuit was filed in 2024 by lead plaintiff Richard Teague.

Jul 27

A federal appeals court overturned a lower court ruling and held that The Church of Jesus Christ of Latter-day Saints’ insurers must cover sexual abuse settlement payouts. The 10th U.S. Circuit Court of Appeals said the dispute turns on whether the abuse amounted to one occurrence or multiple occurrences. The church had sued National Union Insurance and ACE Property & Casualty in 2023 after they refused coverage.

Jul 29

The IRS finalized regulations confirming that certain tax-free transfers of life insurance contracts are exempt from 2019 reporting rules for life settlement transactions. In a separate ruling, a federal court required an insurer to split $6.5 million in gas line explosion settlement costs with a Hartford unit, and a New Mexico federal court approved a $6.5 million underinsured motorist class settlement.

Jul 24

Rebecca Grossman secretly reached a settlement that reduced her share of a nearly $200 million wrongful-death award tied to the deaths of Mark and Jacob Iskander. Court documents say the agreement, made on the eve of trial, cut Nancy and Zachary Iskander’s share of that $69 million to $14 million. Grossman and Scott Erickson remain jointly liable for the remaining $107 million in compensatory damages.

Jul 21