February 15, 2018
Kanye West has settled his $10mn lawsuit against a number of Lloyd’s contingency insurers over cancelled tour dates, according to reports.
Howard King, the attorney for West’s touring company, told Rolling Stone “the dispute has been amicably resolved.”
West cancelled the final 21 tour dates of his Saint Pablo tour after he fell ill in November 2016. He then checked into a psychiatric centre at UCLA. Two days later, West and his touring company Very Good Touring then filed the $10mn lawsuit against Lloyd’s, alleging that it had not fulfilled its loss claim for the tour.
West's suit claimed that Lloyd's had not paid the claim nor rejected it. The lawsuit alleged that West's insurers and their agents "purposely and maliciously" disseminated "privileged, private and personal information" about West to the press in an effort to undercut his claim.
The terms of the settlement have not been disclosed. According to TMZ, West received most of what was due under the policy.