USA – Boy Scouts Ready $800 million for Child Sex Abuse Settlements


Boy Scouts of America have secured $800 million via one of its primary insurers, Chubb Ltd on Monday, to settle around 82,500 claims of child sexual abuse.

The bankrupt organisation now has some $2.7 billion available to resolve those claims.

Despite the seemingly large sum, a committee representing some of the claimants stands in opposition to the deal, saying it compromises too much and gives the organization potential for bankruptcy reorganization.

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