Federal judge approves $72M insurance settlement

posted Jun 16, 2010, 3:27 PM by Raymond Sham   [ updated Jun 16, 2010, 3:37 PM ]
June 14, 2010, JOHN CHRISTOFFERSEN of the Associated Press reported that "A federal judge has given preliminary approval to a settlement under which The Hartford Financial Services Group Inc. will pay $72.5 million to more than 21,000 people nationwide who alleged the insurer engaged in fraud in settling their injury claims."

The Hartford did not admit fraud as part of the settlement and said that all amounts due were received by the claimants.  The 21,000 people that are part of this settlement will each receive on average $3,300.

Original $72M Insurance Settlement Article from the AP