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Kanye West Settles Lawsuit Against Insurers Over Canceled Saint Pablo Tour!

kanye west settles insurance lawsuit

Good news for Kanye West!

The Famous rapper has finally gotten a settlement from insurers who were dragging their feet over writing a check. In fact, the whole thing is about to go away, as West's company and Lloyd's of London filed a joint stipulation asking the California federal court to dismiss the case.

Related: Kanye Makes Grand Return To Instagram

As you likely know, back in August, Yeezus hit Lloyd's of London with a $10 million lawsuit, where he accused the company of

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So How Did Toni Braxton Go Broke Again?

Filed under: Music MinuteBusted!Toni Braxton

origin of toni braxtons financial issues is revealed

This teaches us a valuable lesson: Don't lie on your insurance forms. It can come back to haunt you, and in Toni Braxton's case, it can put you on a downward financial spiral.

In 2006, Braxton took out "show insurance" through her hotel, Lloyd's of London, for her act at the Flamingo Las Vegas Hotel & Casino.

Toni's heart condition began to act up during the middle of her show's run, so she had to very unfortunately bail on the show, but then found out that shes was still on the hook with the hotel for LOTS of $$$.

Toni's office called Lloyd's about the insurance plan, but they wouldn't honor their end of the agreement, arguing Toni had an undisclosed, preexisting medical condition, which would therefore make the insurance policy null and void.

…And that's how Toni Braxton's financial disaster began.

Whose side are U on? Team Toni or Team Lloyd's?

[Image via WENN.]

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