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Among reviewers of her work, Settle claimed to find only a "few real lovers of good writing who read before they judge".
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The bank is set to pay $2.6 billion to US authorities and Madoff victims to settle claims.
The federal government is paying another $250,000 to settle claims against six of its immigration agents.
The policies cover both legal fees and any payments made to settle claims over legal violations.
Andersen has offered $750m to settle claims, which plaintiffs will consider a paltry sum.
In June, he offered $8.5 billion to settle claims from investors who held soured mortgages.
The company paid $2.3 billion to settle claims that it had marketed numerous drugs for unapproved purposes.
Under the first, Sphere Drake paid $35 million to settle claims, Mr. Taylor said.
And $45 million would go to settle claims made after last summer's blackout in Washington Heights.
Instead, it said, the company should try to settle claims quickly and fairly.
"We do not attempt to settle claims of this baseless nature," he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com