Settlement OKd for Insurer of Implant Maker: A federal bankruptcy judge approved the settlement that will have one of Dow Corning Corp.'s largest insurers pay $107.5 million into a fund for women injured by breast implants. The deal among Dow Corning, Hartford Accident & Indemnity Co. and lawyers for implant recipients is part of the $4.25-billion fund designed to pay claims to women who say they were harmed by silicone implants. Initially, Dow Corning and Hartford proposed to put $77 million into the fund and give $30.5 million to Dow Corning to pay for litigation expenses. That was opposed by some implant recipient lawyers, who said they believed Dow Corning could have obtained up to $148 million from Hartford if it had taken its claim against the insurer to trial.
Times Staff and Wire Reports
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