MADISON - The School District of Albany's insurer will pay $50,000 to settle a lawsuit in which an ex-middle school student claimed he was bullied for 18 months while school officials did little to stop it. The settlement between the school, EMC Insurance Companies, and the boy and his mother, was finalized July 25 by District Judge James Peterson. According to the three-page agreement: • The Arellano and Phebus law firm of Madison is to receive $17,103 from the settlement for its fees and expenses and $32,897 is to be paid into a trust account for the boy.