sex abuse claims News

Church Official Warns of Financial Flood from Clergy Sex Abuse Claims

A top official with the Archdiocese of Santa Fe says a financial flood from clergy sex abuse claims is coming and a settlement would serve as the dam to prevent devastation to parishes across northern New Mexico. A letter from …

Bankruptcy Judge Approves Weinstein Co. Plan With $17M for Sex Abuse Claims

A U.S. Bankruptcy Court judge on Monday approved The Weinstein Co.’s liquidation plan, which sets aside $17 million for women who accused co-founder Harvey Weinstein of sexual misconduct. Judge Mary Walrath in Wilmington, Delaware announced her ruling at the conclusion …

New Laws Spur Insurers to Reserve for Potential Child Sex-Abuse Claims

Travelers Companies Inc. has set aside a “modest” amount of additional money to cover its possible exposure to child sex-abuse claims, the insurer’s finance chief, Daniel Frey, told analysts during an earnings call on Thursday. Two analysts asked about Travelers’ …

How Sex Abuse Claims Laws Have Changed in 15 States

Fifteen states have revised their laws in the past two years extending or suspending statute of limitations to allow child sex abuse claims stretching back decades, unleashing potentially thousands of new lawsuits against the U.S. Roman Catholic Church. Some highlights …

New York City Prep School Sues AIG Insurers Over Denial of Abuse Coverage

New York City prep school Horace Mann sued units of American International Group Inc. saying they refused to defend and indemnify the school for damages stemming from sex-abuse claims by former students against teachers. The Bronx school sued AIG’s Granite …