MINNESOTA
Tommie Media
By Associated Press | Tuesday, November 15, 2016
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.
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