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Lloyd’s of London
Lloyd’s of London agreed to pay $7.9 million to settle claims of illegal anti-competition agreements by certain syndicates.
ClosedUnited States-wideClaim status: Closed on December 21, 2023Payout: VariesNo longer claimable
About this settlement
Settlement for alleged illegal anti-competition agreements by Lloyd’s of London syndicates affecting insurance contracts.
This settlement resolves claims that certain Lloyd’s of London syndicates violated federal RICO laws through illegal anti-competition agreements. Eligible individuals and entities who purchased or renewed insurance contracts with specified Lloyd’s syndicates between 1997 and 2023 may receive compensation.
Who qualifies
- Individuals and entities who purchased or renewed insurance contracts with Lloyd’s syndicates 510, 1084, 1096, or 1245.
- Contracts must have been purchased or renewed between January 1, 1997 and June 15, 2023.
Varies
Claim status: Closed on December 21, 2023