Victims of clergy sexual abuse have approved of a plan for the Gallup Diocese in New Mexico to dole out millions of dollars in compensation.
The Albuquerque Journal reported that an attorney for 57 abuse survivors told a federal judge Tuesday that all had signed off on the plan.
Under the agreement, each claimant will receive roughly $350,000.
The Gallup Diocese is establishing a fund of between $21 million and $25 million for professional fees and settlements.
The Catholic Mutual Relief Society of America, which insured the diocese during the years much of the abuse occurred, will contribute the largest share with $11.6 million.
The diocese is expected to provide $3 million.
It may have to sell its chancery offices in Gallup, subject to the terms of a bank loan agreement.
Related:
- Oregon Church Sued for $5M for Alleged Unreported Abuse
- Ohio Court: Insurer not Liable for $1M in Megachurch Abuse Lawsuit
- Archdiocese in Washington Settles 8 Abuse Cases for $9M
- 74 Sex Abuse Claims Filed Against St. Cloud Diocese
Was this article valuable?
Here are more articles you may enjoy.
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
