In January my condo was damaged due to flooding from a neighboring unit (owned by HUD). My insurance covered the damages minus my $1000 deductible. Six months passed and I received a Compromise and Release of All Claims form from the legal management team representing HUD. They have agreed to pay the sum of the damages if I release them from any and all wrongdoing, fault, or liability. My question is...when I receive the settlement, do I have to pay back my insurance company? The letter suggests that the settlement is solely to "avoid litigation and buy their peace" and they "deny liability for the claims".