A sports promotion insurer may take legal action against cyclist Lance Armstrong after a U.S. anti-doping committee moved to strip him of his tour wins and offered mounds of evidence supporting claims of cheating.

Over the weekend, The New York Times reports that Armstrong could be sued by SCA Promotions to recoup $7.5 million the insurer paid out to cover a performance bonus for one of Armstrong's Tour de France wins.

The Times says the United States Anti-Doping agency report, released last week, detailed Armstrong's cheating and says he lied under oath during the SCA hearing.

SCA refused to pay the bonus after a book came out in 2004 that said Armstrong was cheating. SCA paid Armstrong in 2006 after a prolonged arbitration process.

A lawyer for SCA was quoted by the Times as saying the company planned to recoup its payment.

The policy was secured by the United States Postal Service which was sponsoring Armstrong and promised him a bonus for his win. The Postal Service took out the policy to protect itself.

An attorney for Armstrong was quoted as saying that under the terms of the settlement, SCA could not reopen the litigation.

Special Reports /

Sports Insurer May Take Legal Action Against Armstrong

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