The Hartford agrees to pay $650M in Boy Scouts bankruptcy

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FILE – In this Feb. 4, 2013 file photo, shows a close up detail of a Boy Scout uniform worn during a news conference in front of the Boy Scouts of America headquarters in Irving, Texas. The committee representing child sex abuse survivors in the Boy Scouts of America bankruptcy case has agreed to the extension of an injunction halting lawsuits against local Boy Scouts councils and sponsoring organizations. In return for the extension, the BSA and local councils must provide the committee with information about local troop rosters that can help victims validate their claims, according to a court filing submitted Monday, March 8, 2021. (AP Photo/Tony Gutierrez, File)

DOVER, Del. (AP) — Insurance company The Hartford has agree to pay $650 million into a proposed trust fund for victims of child sexual abuse as part of the Boy Scouts of America bankruptcy case.

In exchange for the payment, the Boy Scouts and its local councils would release The Hartford from any obligation under policies it issued to the BSA and councils dating to 1971.

The settlement agreement was submitted to the court on Friday by mediators working with the BSA, abuse victims and other parties in the bankruptcy to try to fashion a global resolution of more than 80,000 sexual abuse claims.

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