The parents of a man who died in a Virginia boating accident have reached a $4 million settlement in a lawsuit they filed over his death.
Graham McCormick’s family sued his friend, John Randolph Hooper of Richmond, Va., accusing him of wrecking a boat on a bulkhead in August while he was under the influence of alcohol. McCormick was thrown into the water and died.
The Richmond Times-Dispatch reports that under a settlement finalized Monday, three insurance companies will pay $4 million on Hooper’s behalf. In return, McCormick’s estate is releasing Hooper and his parents of any liability over his death.
The lawsuit accused Hooper and his parents of deliberately trying to cover up the accident in Lancaster County’s Carter Creek. Hooper and his parents denied that allegation.
Information from: Richmond Times-Dispatch
Topics Lawsuits
Was this article valuable?
Here are more articles you may enjoy.
What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth
Former Lloyd’s CEO Neal Will Not Join AIG; Hancock to Be General Insurance CEO
Business Moves: Trucordia Acquires 5 Local Agencies in 4 States
NTSB to Decide Probable Cause of Baltimore’s Key Bridge Collapse This Week 

