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	Diocese of Springfield Reaches Agreement with Insurance Carriers Roman Catholic Diocese of Springfield July 2, 2008 http://www.diospringfield.org/communications/press/ps2008/july/settlement%20announcement%207-2-08.doc SPRINGFIELD - The Roman Catholic Diocese of Springfield has resolved the dispute with its insurance carriers over coverage for clergy sexual abuse. The parties to that action have jointly petitioned the Court for dismissal of the lawsuit filed by the diocese in 2005 against five insurance carriers. This settlement will enable the diocese to make available to the victims of sexual abuse an independent, voluntary arbitration system to quickly settle claims for any victim who has already notified the diocese of a pending, credible claim. The monetary terms of the settlement call for a payment from the insurers to the diocese of $8,497,000. That payment includes $3,500,000 to partially replenish diocesan funds which previously had been advanced by the diocese to settle sexual abuse claims in 2004 as well as counseling and other victim assistance services. Most Reverend Timothy A. McDonnell, Bishop of the Diocese of Springfield, made the following comment on today's settlement, "This is simply another small step in doing what we can, to try to, in some tangible way, address the unspeakable harm that was done. We will continue to do our best to try to assist the victims, and to protect young people from ever experiencing the horror of childhood abuse." Download full document(DOC format)
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