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Insurance

Mar. 1, 2024

Car rental app settles $15M lawsuit against insurance claims administrator

The settlement was reached after attorneys with Covington & Burling LLP rested their case on behalf of Getaround following eight days of trial.

The maker of a car rental app settled with a third-party insurance claims administrator mid-trial in a professional negligence and breach of contract lawsuit in San Francisco Superior Court.

Defendant Broadspire Services Inc. will pay plaintiff Getaround Inc. $15 million, according to a Securities and Exchange Commission Form 8-K that Getaround filed Thursday.

The settlement was reached after attorneys with C...

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