Kanye West and insurers settle lawsuits over Saint Pablo tour cancellation

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Pop star Kanye West's touring company and syndicates of Lloyd's of London on Wednesday resolved their California federal court dispute over $10 million worth of coverage for shows he canceled after reportedly having a mental breakdown previous year.

Insurance companies were provided with sworn testimony from his primary physician that West suffered a debilitating medical condition that required he not tour. On Wednesday, his company filed a stipulation of dismissal in California federal court with syndicates of insurer Lloyd's of London.

When the suit was originally filed in August previous year West's touring company Very Good Touring said that 21 concerts on the Saint Pablo tour were cancelled due to a "debilitating medical condition". In his complaint, he said that he had filed an insurance claim two days after he checked himself into a psychiatric center.

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Howard King, the attorney representing the "Gold Digger" hitmaker's touring company, confirmed in a statement that the "dispute has been amicably resolved". Following the filing of the original lawsuit, Lloyd's bosses responded by filing a countersuit against Kanye stating the reasons for the cancellation were "not beyond (his) control" - thereby invalidating his insurance claim.

Lloyd's of London counter-sued, claiming it did not owe the musician a penny and pointed to drink and drugs clauses in its contract. Apparently, the insurance policy had certain exclusions listed - including preexisting psychological conditions, possession of illegal drugs, the abuse of prescription medication and/or alcohol. Lloyd's of London was also accused of insinuating that West was using marijuana that time, but a spokesperson for the company said that they never said so.

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