Member Directory
ntl-top-100-logo-345px
Member Directory

Boy Scouts and The Hartford Enter $650M Settlement for Abuse Claims

After years of legal dispute, The Hartford has entered into a settlement agreement and release with the Boy Scouts of America (BSA), wherein the insurer would pay $650 million (before tax) for sexual abuse claims against the BSA associated with policies mainly issued in the 1970s.

It is hoped that the settlement will receive court approval in the third quarter of 2021.

The agreement, which came to be following “extensive negotiations,” outlines that in exchange for The Hartford’s payment the BSA and its local councils will fully release the insurer from any more obligation under policies it had issued to the BSA and its local councils, a release said.

Read the source article at Insurance Business

Find an Attorney

The National Trial Lawyers stands as an esteemed, exclusive association comprising top-tier trial attorneys nationwide. Whether you require a Civil Plaintiff Lawyer or a Criminal Defense Lawyer in your state, our network ensures access to premier legal expertise tailored to your needs.
Find Attorney

Read More Legal News

© Copyright 2022, All Rights Reserved | National Trial Lawyers
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram