Archdiocese Adds Money for Abuse Victims to Bankruptcy Plan
ST. PAUL, Minn. (AP) - The Archdiocese of St. Paul and Minneapolis has filed an updated bankruptcy plan with more money for victims of clerical sexual abuse.
The archdiocese said in a statement Tuesday the new plan raises the proposed trust fund for claimants from $65 million to more than $130 million.
Court filings indicate most of the new money is coming from settlements with additional insurance carriers. The original plan included settlements with three carriers worth over $33 million. The archdiocese has now reached settlements with 11 of its 13 insurance carrier groups totaling over $92 million. The archdiocese says it still hopes to get "many millions of dollars" from the two remaining carriers that have not settled.
Victims' attorney Jeff Anderson says the new plan lets the insurers off the hook too easily.