LensCrafters Settles $20M Indemnification Battle

Law360, New York (March 31, 2009, 12:00 AM EDT) -- LensCrafters Inc. has settled its duty-to-indemnify fight with two remaining insurance company defendants as it seeks to fund its $20 million settlement in an underlying class action brought by customers who claimed their privacy was violated.

Details of the settlement of the insurance lawsuit, reached Monday in the U.S. District Court for the Northern District of California, were not made public, and the parties involved did not immediately respond to requests for comment.

Markel American Insurance Co. and Executive Risk Specialty Insurance Co. were the remaining...
To view the full article, register now.