Travel Cos. Ink $26M Deal To End Trip Insurance Suit
Law360 (November 4, 2020, 3:10 PM EST) -- A proposed class of travelers is asking a Florida federal court to approve a $26 million settlement to resolve claims that Delta Air Lines Inc., JetBlue Airways Corp. and other travel companies hid that they were getting paid when consumers bought travel insurance.
In a motion filed Tuesday, the class, led by named plaintiff Bonnie Foshee, said the fund would go toward reimbursing class members for up to 15% of their trip insurance payments and that the settlement includes an injunction making the travel companies disclose they receive compensation when customers buy travel insurance.
The fund is nonreversionary and will also...
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