The owners of a scuba-diving center in the Florida Keys agreed to pay $12 million to a father and son who were seriously injured when the company’s boat backed over them in the water.

The Florida Keys Dive Center in Tavernier settled with its former customers May 13 after initially contending it should be protected by liability release forms the father signed. The settlement terms will not be final until they are reviewed by a guardian ad litem and approved by the court.