Revealed – likely next steps for Boy Scouts of America insurers

Revealed – likely next steps for Boy Scouts of America insurers

With another hearing on the Boy Scouts of America’s (BSA) bankruptcy plan set for next month, several insurers of the organization are planning to appeal the BSA’s $2.3 billion sexual abuse settlement, their lawyers revealed.

The group of insurers, which includes AIG and Liberty Mutual, have objected to the settlement. The insurers argued that the BSA colluded with men who claimed they were abused as children by troop leaders in order to hold insurers liable.

Reuters reported that the insurers’ lawyers on Thursday last week continued to object to the settlement plan, despite US Bankruptcy

Read More>>