Hartford Ups Offer To $787M To End Boy Scouts Abuse Claims
By Dave Simpson (September 14, 2021, 11:36 PM EDT) -- Hartford Financial Services Group announced Tuesday that the insurance company has upped its proposed payout from $650 million to $787 million to resolve sexual abuse claims in Delaware bankruptcy court related to the Boy Scouts of America child abuse scandal.
The proposal is calculated before taxes, improves on an April offer, and is still subject to a bankruptcy judge's approval. The Connecticut-based insurance company will make the payment to the Boy Scouts of America and its local councils in exchange for releasing it of any obligation under the insurance policies, most of which were issued in the 1970s, according to the...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!