sex abuse liability 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 …

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’ …