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Victims of the 2021 Surfside Condo collapse in Surfside, Florida have reached a settlement of $997 million after the incident claimed the lives of 98 people.
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The rest of the Champlain South tower is seen being demolished in Surfside, Florida, north of Miami Beach, late on July 4, 2021. - A controlled explosion brought down the unstable remains of the collapsed apartment block in Florida late on July 4 ahead of a threatening tropical storm as rescuers prepare to resume searching for victims. (Giorgio Viera/AFP via Getty Images)
The settlement with insurers and defendants was announced in a court hearing on Wednesday, according to the Wall Street Journal.
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