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Lloyd's of London insurers, Kanye West settle $10M tour cancellation lawsuit

Kanye West and a group of Lloyd's of London syndicates have settled a $10 million lawsuit relating to the singer's cancelled shows, City A.M. reported Feb. 15.

In 2016, West had to pull out of 21 dates of his Saint Pablo tour after he fell ill in the middle of a show in California and checked into a psychiatric center.

His Very Good Touring firm filed a suit against the insurers, but they countersued and implied that West's drug usage had invalidated his show cancellation policy.

The dispute was "amicably" resolved in the week of Feb. 12 between the lawyers of both sides, according to the report.