At least one agreement with outside funders, who have poured millions of dollars into the case in hopes of winning a lucrative settlement from Chevron, said it was permissible to spend money on the RICO defense, Kaplan said.
The settlement requires QBE to file a premium rate in New York with a permissible loss ratio of 62 percent, reflecting the portion of premiums paid in claims, with annual reporting and rates refiled every three years.