Boy Scouts and Hartford Settle Over Sexual Abuse Claims
The settlement will also free the insurer from any obligation stemming from policies issued to Boy Scouts of America or its local councils.
The Hartford and Boy Scouts of America (BSA) have entered into a settlement agreement that will see the former pay $650 million, before tax, for sexual abuse claims associated with policies predominately written in the 1970s, the Connecticut-based insurer reported.
In exchange for the payment, The Hartford will be freed from future obligations under policies issued to BSA as well as its local councils. The youth organization faces more than 92,000 allegations of abuse.
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