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Hartford Financial to pay $787 million in Boy Scouts sex abuse insurance settlements

Hartford Financial to pay $787 million in Boy Scouts sex abuse insurance settlements
wtaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wtaq.com Daily Mail and Mail on Sunday newspapers.

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Boy Scouts abuse settlements are still too low, victims groups say

Boy Scouts abuse settlements are still too low, victims groups say
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Reinsurers Not Liable for Defense Costs Exceeding Policy Limits

Reinsurers Not Liable for Defense Costs Exceeding Policy Limits
Two reinsurers that shared part of the risk on a $25 million umbrella policy issued to a New York manufacturer nearly five decades ago are not liable for defense costs in addition to the policy limits, the 2nd Circuit Court of Appeals ruled Thursday.
What’s more, one of the reinsurers is entitled to a new trial to settle the question of whether it is a valid successor to the insurance contract, the appellate panel ruled.
The decision affirmed a ruling by U.S. District Brenda K. Sannes and reversed a jury decision and jury instructions issued by U.S. District Judge David N. Hurd. ....

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Boy Scouts Insurer Says Sexual Abuse Ch. 11 Claims Tainted

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Boy Scouts Insurer Says Sexual Abuse Ch. 11 Claims Tainted
Law360 (May 13, 2021, 9:52 PM EDT) A Boy Scouts of America liability insurer has accused sexual abuse claimants attorneys of herding unverified abuse claims into the organization s Chapter 11 by offering bonuses to workers who enroll claimants and pushing for payments to those who vote in favor of the Scouts reorganization plan.
In an objection to the Boy Scouts creditor solicitation procedures in Delaware bankruptcy court late Wednesday, Century Indemnity Co. argued that evidence already before the court has shown that the claims pool is plagued with irregularities and invalid abuse claims. The insurer is calling for a court-approved examination of abuse claim practices and rules for. ....

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Fee applications in Boy Scouts bankruptcy exceed $100M; judge calls total 'staggering'

The court overseeing the Boy Scouts of America bankruptcy case has appointed an examiner to review fees that have become a point of contention. ....

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