Attorneys Score $30M In Zurich Case

Law360, New York (June 6, 2007, 12:00 AM EDT) -- Policyholders affected by the antitrust scandal at insurer Zurich American Insurance Co. are not the only ones that will benefit from the $121.8 million settlement in the case. Plaintiffs attorneys will receive nearly $30 million in fees paid by the insurance company as part of the settlement.

Judge Garrett Brown of the U.S. District Court of the District of New Jersey approved the payment in an order issued on Tuesday, on the grounds awarding the fees would not diminish the settlement to be paid out to...
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