Civil Plaintiff
Chubb Ltd Contributes $800 Million to the Boy Scouts Settlement
One of the Boy Scouts of America’s primary insurers, Chubb Ltd unit Century Indemnity Company, said on Monday it will contribute $800 million to a deal proposed by the youth organization to settle sexual abuse claims.
The money would be used to settle around 82,500 claims from people who say they were sexually abused as children by troop leaders.
The move brings the total pot of money available to resolve claims to more than $2.7 billion.
