Premises Liability - Written by Jere Beasley on Friday, August 8, 2008 11:56 - 0 Comments

High-Rise Fire Suit In Chicago Settled For $100 Million

A settlement has been reached on behalf of victims of a 2003 fire in a downtown Chicago office building. The $100 million to be paid under the terms of the settlement includes $50 million from the City of Chicago, $24 million from building management, and $9 million from Cook County, which owned the building. The , which was brought by 22 victims, had been set to go to trial. The judge who would have presided over the trial of the case in the Circuit Court of Cook County, , has approved the settlement.

As you may recall, six people were killed and many others injured in the October 2003 blaze. Under the settlement, the City of Chicago will pay $15 million from its self-insurance program and the remaining $35 million will be covered by the following four private insurance companies: AIG, Lexington Insurance, Clarendon America Insurance Co. and Westchester Insurance. There were actually 21 separate filed against the city.

Source: Reuters




Leave a Reply

Comment

Comments are moderated and generally will be posted if they are on-topic and not abusive.

Powered by WP Hashcash

Recent Settlements - Jul 1, 2009 7:20 - 0 Comments

Serious eye injury case settled in Pike County

More In Recent Settlements


Product Liability - Jul 1, 2009 7:19 - 0 Comments

The single vehicle accident: a series highlighting often overlooked product claims

More In Product Liability


Recalls Update - Jul 1, 2009 7:50 - 0 Comments

Starbucks recalls 530,000 coffee grinders

More In Recalls Update