Federal judge approves $72M insurance settlement
Post date: Jun 16, 2010 10:27:37 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.