MIAMI — A fire alarm company, a security alarm monitoring firm and a swimming pool contractor settled for about $1 million each in the Surfside condominium collapse class-action case, according to a Miami-Dade circuit court filing on Wednesday.
In addition, a $50 million settlement from the Champlain Towers South condo association will be shifted from reimbursing unit owners for their financial losses into the fund for paying wrongful death and personal injury claims.
The $53 million from the four defendants’ insurers brings the total of the wrongful death and personal injury settlement deal to nearly $1.1 billion, second-largest in Florida legal history, behind only the $11.3 billion Big Tobacco settlement in 1997.