A day before he was scheduled to give sworn testimony about his use of performance-enhancing drugs, Lance Armstrong reached a settlement with an insurance company that was seeking US$3 million in performance bonuses it paid him from 1999 to 2001. Nebraska-based Acceptance Insurance sued Armstrong in Texas this year after he admitted he had doped during a career in which he won the Tour de France seven times. Acceptance lawyer Mark Kincaid and Armstrong lawyer Tim Herman declined to disclose details of the settlement, but both said it was "resolved to the mutual satisfaction of the parties". The settlement means Armstrong will not need to show up for a deposition in Austin, where he was expected to be asked to detail drug use throughout his career. Although Armstrong has acknowledged drug use in interviews with Oprah Winfrey and other media, he has yet to provide sworn testimony. This gets him out of doing what he fears the most, which is going under oath Betsy Andreu, wife of Armstrong's former teammate In an interview published by Britain's Daily Mail this week, Armstrong said former International Cycling Union (UCI) president Hein Verbruggen helped him cover up doping at the 1999 Tour de France, a charge Verbruggen dismissed as a "ridiculous story". Armstrong's statements have otherwise lacked many details anti-doping authorities want to hear. Armstrong has said he would consider taking part in international efforts to address drug use, and UCI president Brian Cookson has said he'll be invited to a joint investigation between UCI and the World Anti-Doping Agency. Armstrong has so far refused to provide sworn testimony to the US Anti-Doping Agency. It was Usada's detailed report in 2012 of drug use by Armstrong's US Postal Service team that led to him being stripped of the seven Tour de France titles he won from 1999 to 2005. The agency, which also banned Armstrong from Olympic sports for life, has said the only chance to lessen the penalty was to answer questions under oath. Betsy Andreu, a key witness against Armstrong and the wife of former Armstrong teammate Frankie Andreu, was frustrated that Armstrong had avoided the deposition. "This gets him out of doing what he fears the most, which is going under oath," Betsy Andreu said. "He has never answered the questions in depth. He's always skirted."