You should call a lawyer immediately. If the insurance company settled a case with your parents without obtaining court approval of the settlement, the settlement is not valid and depending on your current age and whether the statute of limitations has run, you may still be able to go back against the insurance company. If the case was settled with court approval, the funds should have been placed in a blocked account. If they were, but the bank allowed your parents access to the funds, you may have a claim against the bank. There are a lot of different scenarios here, but to resolve them, you are most likely going to need legal assistance. You should call an attorney right away in case the time limits for taking action are running.
Answered on Sep 21st, 2012 at 12:15 PM