2/15/2018

Kanye West Settles Lawsuit With Insurance Company


Artist,Kanye West filed a $10 million lawsuit against insurance company Lloyd’s of London in August 2017 after cancellation of his  Saint Pablo tour where he discussed BeyoncĂ©, JAY-Z, and Hillary Clinton. And now,The rapper has settled the lawsuit,In a statement to Pitchfork, Howard King—the attorney representing West’s touring company in the case—said that “the matter was amicably resolved.” In August 2017, West and his touring company Very Good Touring, Inc. filed a $10 million lawsuit against Lloyd’s and its syndicates, claiming that the company had never paid out insurance claims for the canceled tour.

A few weeks after West filed the initial suit, Lloyd’s of London filed its own countersuit against Very Good. They alleged that West’s reasons for the cancellation were “not beyond [his] control,” thereby denying his insurance claim. The company also cited exemptions to the insurance policy involving drug and alcohol use as well as pre-existing medical conditions. West’s team later responded to the countersuit to deny that those were legitimate reasons to withhold the insurance money.

In another news,Mr West also shared a post on instagram for the first time in nine months to wish his wife,Kim Kardashian,Happy Valentine.

The gift card was probably from him or from his wife. The troubled singer shared photos of celeb couples that dated and separated afterwards like Madonna and Sean Penn, Cindy Crawford and Richard Gere and Gwyneth Paltrow and Brad Pitt. Out of the over 30 couples he posted pictures of, only a few are still together. Meanwhile on his wife shared a PDA pic with her husband and wrote;"I love you to infinity! Happy Valentine's Day!!!"

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