FOO FIGHTERS Settle Lawsuit Against Insurance Companies

According to Billboard, FOO FIGHTERS have settled their lawsuit against the world-famous 328-year-old insurance market Lloyd's Of London on claims related to several shows canceled during the band's 2015 world tour. Because it was dismissed with prejudice, the FOO FIGHTERS are barred from re-filing the case on the same claim. Terms were not disclosed.

FOO FIGHTERS' lawsuit was filed in June in Los Angeles against Lloyd's Of London, along with several insurance companies and the insurance broker responsible for securing the policies, Robertson Taylor. The suit alleged the companies "failed to pay amounts that even they appear to recognize are due and owing" on insurance claims the band made for the scrapped concerts.

Some of the shows were called off after frontman Dave Grohl broke his leg on June 12, 2015, during a show in Gothenberg, Sweden. The injury resulted in the cancellation of seven shows. Three of those dates were mentioned in the suit: two shows at London's Wembley Stadium and one at Edinburgh's BT Murrayfield Stadium.

After his leg was treated, Grohl went on to perform 53 concerts, mostly while seated on a makeshift "throne" onstage.

The lawsuit stated: "After paying certain amounts owed under the Cancellation Policy for four of the canceled performances, [the insurers] began searching for ways to limit their payment obligations on the other three performances."

The complaint also alleged that Grohl's insistence on carrying out the tour saved insurers "tens of millions of dollars in claim payments" that would have been owed had they canceled the entire trek.

The second part of the FOO FIGHTERS' complaint was focused on four shows canceled in the wake of the terrorist attacks in Paris last November, alleging, "FOO FIGHTERS reasonably expected that the Terrorism Policy would provide them coverage for the four November 2015 performances ... [the insurers] have engaged in a seemingly never-ending series of requests for increasingly irrelevant information."

The suit claimed that seven months later, the insurers "have not paid or offered to pay a single penny of Foo Fighters’ terrorism coverage claim."

The FOO FIGHTERS were seeking damages, punitive damages to cover London Market Insurers' and Robertson Taylor's "despicable" conduct, and attorney's fees.

FOO FIGHTERS are currently on hiatus for probably the rest of 2016 after touring extensively last year.