Article ID: 68a8628b16afb5ca8b2c5650281c1239d915ca9158d97e13e4a41c66f6a60010
Source ID: secondary:businessinsurance.com
Published At: -
Extraction Method: bs4_heuristic
Body Text
San Francisco Catholic Church reaches $395M sex abuse settlement - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers San Francisco Catholic Church reaches $395M sex abuse settlement Risk Management Jun 29, 2026 (Reuters) — The Roman Catholic Archdiocese of San Francisco on Monday announced a $395 million settlement with about 530 people who said they were abused as children by priests, a deal that would resolve the archdiocese’s bankruptcy case. It is the largest settlement reached in bankruptcy by any Catholic diocese. Before it becomes final, the deal must be approved by U.S. Bankruptcy Judge Dennis Montali in San Francisco. The Archdiocese, which serves nearly 450,000 Catholics in California’s San Francisco, San Mateo and Marin counties, also committed to publish the names of priests who had been credibly accused of sexually abusing children and to adopt additional safeguards aimed at preventing future misconduct. “We remain committed to the healing and care of survivors who have suffered because of past sins of Church ministers,” San Francisco Archbishop Salvatore Cordileone said in a statement. “We pray for all survivors of sexual abuse, for our Archdiocese, parish communities and schools, and for the eradication of this shameful crime from our midst and from society as a whole.” San Francisco’s archdiocese filed for bankruptcy in 2023. More than two dozen Catholic dioceses have done the same in recent years, after California, New York and other states enacted laws that temporarily enabled victims of child sexual abuse to file lawsuits over decades-old crimes. The settlement surpasses a $323 million bankruptcy deal reached by the diocese of Rockville Centre on Long Island, New York, which was previously the largest bankruptcy settlement by a Catholic organization. The archdioceses of Los Angeles and New York reached larger sex abuse settlements in recent years, without filing for bankruptcy. Steve Moreno, who served on a court-appointed committee of abuse survivors in bankruptcy, said that the deal was a positive step forward after years of litigation. “No amount of money can erase the pain and shame associated with carrying the burden of my child abuse in silence for over 50 years,” Mr. Moreno said in a statement. Related News Marsh names Teresa Palandra Canada CEO June 29, 2026 ANV Group buys Assured Underwriting Group from PE firm June 29, 2026 Topgolf wins reversal of additional temporary disability benefits June 29, 2026 Amazon wins stay of comp benefits in disputed back injury claim June 29, 2026 Company vehicle didn’t make fatal commute compensable: Texas appeals June 29, 2026 When the works comes with dentures June 29, 2026 Parents win coverage fight over son’s death from “Ethanol Extraction” June 29, 2026 July property reinsurance renewals to continue softening: Guy Carpenter June 29, 2026 DOJ closes criminal probe into Abbott over baby formula plant: WSJ June 29, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
Metadata (JSON)
{
"score": 13.483333333333333
}