Yuma County, Arizona, will receive nearly $20,000 as its share of an $850 million class-action settlement with MMC Inc., a global insurance brokerage firm that was at the heart of an insurance scandal last year.
The Board of Supervisors voted unanimously this week to accept the $19,991.66.
Deputy County Attorney Robert Pickels said the money from the settlement will go into the county’s general fund.
MMC Inc. has declined to comment, saying it doesn’t comment on cases that are in litigation.
The county in 2003 awarded the company a three-year contract for $42,000 to handle the county’s insurance policy purchases. That contract will be up for bid next year.
Copyright 2005 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Topics Lawsuits
Was this article valuable?
Here are more articles you may enjoy.
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says
Why Power Outages Do More Economic Damage Than We Think
Bumble, Panera Bread, CrunchBase, Match Hit by Cyberattacks
Hot Sauce Company Sues Manufacturer Over Exploding Bottles 

