Long Beach, CA
File #: 23-0422    Version: 1 Name: CA - Lexington Insurance Company
Type: Agenda Item Status: Approved
File created: 4/21/2023 In control: City Council
On agenda: 5/2/2023 Final action: 5/2/2023
Title: Recommendation to authorize City Attorney to pay sum of $256,076.60, in full settlement of lawsuit entitled Lexington Insurance Company vs. City of Long Beach, Los Angeles Superior Court Case No. 22LBCV00536.
Sponsors: City Attorney
Attachments: 1. 050223-C-3sr

TITLE

Recommendation to authorize City Attorney to pay sum of $256,076.60, in full settlement of lawsuit entitled Lexington Insurance Company vs. City of Long Beach, Los Angeles Superior Court Case No. 22LBCV00536.

 

DISCUSSION

Plaintiff alleged that, as the result of a dispute regarding "defense costs," the City still owed Plaintiff a portion of the Self-Insured Retention for five lawsuits where Plaintiff had contributed toward settlement of those cases.

 

Following extensive negotiations, Plaintiff agreed to accept $256,076.60 inclusive of costs and fees - as a full settlement of this case.

 

The settlement was discussed in closed session, and approved, by the Government Operations and Efficiency Committee (Attorney/Client) on April  18, 2023.

 

SUGGESTED ACTION

Approve recommendation.

 

Respectfully Submitted,

DAWN MCINTOSH

CITY ATTORNEY