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Boys Scouts of America

Insurer agrees to $800M settlement in Boy Scouts bankruptcy

Insurer agrees to $800M settlement in Boy Scouts bankruptcy By RANDALL CHASE Associated Press Attorneys in the Boy Scouts of America bankruptcy case have reached a tentative settlement under which one of the organization’s largest insurers would contribute $800 million into a fund for victims of child sexual abuse. The agreement announced Monday calls for Century Indemnity Co. and affiliated companies to contribute $800 million into the fund in return for being released from further liability for abuse claims. The payment would bring the amount of money in the proposed trust to more...

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