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Search and rescue personnel work after the partial collapse of the 12-story Champlain Towers South condo building in Surfside, Fla. on June 24, 2021. Joe Raedle/Getty Images
MIAMI—Three major defendants in the Champlain Towers South collapse class-action lawsuit have agreed to settle with victims for a total of $55.55 million, all paid by their insurance firms, according to a court filing.