The settlement, which includes insurance companies, developers and other defendants, comes nearly a year after the tragedy killed 98 people.
Survivors and families of the victims of the collapse of the Champlain Towers South condominium in Surfside, Fla., that killed 98 people last year have reached a $997 million settlement to compensate them for their staggering losses of life and property. The settlement, revealed at a court hearing on Wednesday and still pending final approval, includes insurance companies, developers of an adjacent building and other defendants in the extensive civil case. It comes six weeks before the one-year anniversary of the tragedy on June 24.
“I’m shocked by this result — I think it’s fantastic,” said Judge Michael A.
