Florida Condo Collapse Victims to Receive $150 Million In Initial Compensation: Judge

A search and rescue team members climb the rubble of the Champlain Towers South condo in Surfside, Fla., on July 7, 2021. Al Diaz/Miami Herald via AP

A Florida judge said Wednesday that victims and families who suffered losses in last month’s collapse of a 12-story condominium in Surfside would get at least $150 million in compensation initially.

Miami-Dade Circuit Judge Michael Hanzman said at a hearing that around $50 million would come from insurance on the Champlain Towers South building, whose collapse on June 24 left at least 97 people dead.