Wednesday, July 18, 2007

Insurance For Sex Abuse

Over the weekend the Archdiocese of Los Angeles agreed to pay $660 million to settle lawsuits from hundreds of sex-abuse victims. About $250 million will come out of the diocese bank account; $60 million will come from other religious orders and another $123 million from litigation with orders that chose to sit out the deal. Insurance companies will pay the remaining $227 million. Hold on -- can churches buy insurance for sex abuse?

Yes.

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