In otherwords the insurance company settled the case with cash. Lots of money in that insurance company if they can write that off.
Glenn Beck says those insurance company CEOs are all very "woke".
4 insurance companies total.
The Remington of that lawsuit no longer exists, not since late 2020. Everything since late 2020 that they call Remington is simply the insurance company(s) that was left holding the bag. A pool of money was set aside during the second banryptcy for this and other ongoing legal cases against the former Remington Outdoor Company.
The families settle because they were never going to get any more money out of the law suit than what the insurance company offered since there was no company left to generate any more money.
The second bankruptcy deadended all lawsuits against the former Remington Outdoor Company from following any one particular brand to its new owner. ie Sandy Hook families cannot sue Franklin Armory the new owners of Bushmaster.
That quote came from a lengthy discussion of the subject from a popular gun forum known as "The High Road."
https://www.thehighroad.org/index.php?threads/gunmaker-remington-settles-lawsuit-with-sandy-hook-families-for-73-million.901830/