Boy Scouts of America announces proposed $800 million settlement with insurer Chubb for sexual abuse victims
CNN
The Boy Scouts of America has reached a tentative $800 million settlement agreement with insurer Century Indemnity Company and other Chubb companies to contribute to a trust to compensate survivors of sex abuse, according to a press release from the organization.
"This is an extremely important step forward in the BSA's efforts to equitably compensate survivors, and our hope is that this will lead to further settlement agreements from other parties," the press release states.
The settlement is subject to court approval, according to the release.
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Warning: This post contains language readers may find disturbing.
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