A tentative settlement of the remaining Champlain Towers South collapse lawsuits announced late Wednesday, May 12, will include payments totaling $997 million, most of it provided by insurance policies.
The total may have been boosted by the widened scope of the lawsuits that were amended after the initial lawsuits were filed to include the developers and construction team for a neighboring apartment building where work allegedly damaged the 40-year-old residential condominium in Surfside, Fla.