[Blood of Tyrants]

No, it wasn’t their money. I was the insurance company’s money. To be brief, the insurance company at the time of the shooting was still liable and since the plaintiff’s lawyers had dragged the case out for 9 years, they made the decision to pay off rather than drag it out indefinitely and keep paying lawyer’s fees, which the insurance company had to pay up front. BTW, the plaintiffs would most certainly have lost in court. As it was, there was no disincentive for the plaintiffs to drop as they literally had nothing to lose.

[marktwain]

No, it wasn’t their money. I was the insurance company’s money. To be brief, the insurance company at the time of the shooting was still liable and since the plaintiff’s lawyers had dragged the case out for 9 years, they made the decision to pay off rather than drag it out indefinitely and keep paying lawyer’s fees, which the insurance company had to pay up front.

Consider, they did not settle until Biden came to power.

The four insurance company CEOs are all supposed to be very "woke".

This is a political settlement, they were willing to sell out their stockholders for political capital.