Kanye West is reportedly working on an album, just added another little West to his family, has rejoined social media, and now he has come out as the victor in a lawsuit against Lloyd's of London.
Ye had hit the insurance company with a massive lawsuit after they refused to fork over payment for the losses the rapper was subjected to when he canceled a bout of his Saint Pablo concerts in 2016. Kanye debuted his floating stage during this time and decided to cancel shows to focus on his health and mental well-being after many videos surfaced of him ranting on stage and having a mental breakdown.
Lloyd's refused to pay Kanye what was due under his policy because drug use was an exclusion under the policy. It linked Kanye's behavior and breakdown to one triggered by alleged drug use, specifically marijuana. The company had no medical evidence supporting that claim. Very Good Touring, Kanye's touring company would in then sue Lloyd's for $10 million.
While Lloyd's took its time reaching a settlement with Ye's legal team, they ultimately folded knowing court would be too risky and that they would face punitive damages.
Lloyd's is known for this policy denials. TMZ reports that after the passing of Heath Ledger, the company refused to pay his daughter the money under his policy.
Source: tmz.com
