The insolvent Boy Scouts of America (BSA) has laid out a plan to pay sexual abuse claimants through a trust fund, but now lawyers are disputing whether an insurance unit associated with Chubb has to contribute to said fund.
As part of the settlement deal the BSA is entering with over 80,000 abuse victims, lawyers representing the victims have been negotiating over how much Century Indemnity – one of the BSA’s insurers – can contribute to the trust fund, which will be used to pay each victim. Century currently does not sell policies and is using all of its assets to pay for the claims.
