BOSTON (AP) - The Archdiocese of Boston has settled with one of its former insurance carriers over claims related to lawsuits from alleged clergy abuse victims.More.
The archdiocese and Lumbermens Mutual Casualty Company filed notice of the settlement, dated Feb. 9, in federal court Monday, stating all of the church's claims against the insurer would be dismissed.
The archdiocese sued Lumbermens in March 2004 for alleged fraud and breach of contract after the company refused to pay for more than $59 million in claims. Lumbermens countersued, arguing the church owed the company money.
Lumbermens, the lead underwriter of Kemper Insurance Cos. group, paid the archdiocese $20 million last week after the church finance council approved the settlement, according to two sources familiar with the agreement who spoke on condition of anonymity.
Tuesday, March 08, 2005
Boston Archdiocese, Insurer Settle Claims
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