Boy Scouts of America Corporate Structure Listed in Recent Appeal

7 assets of BSA

Since 1935, BSA had purchased insurance policies that covered a variety of potential liabilities, including abuse claims. Local Councils and Chartered Organizations, which were not covered as insureds under BSA’s policies before 1971, purchased independent insurance policies. Beginning in the 1970s, however, BSA offered the option for Local Councils to pay a premium to be … Read more

Trustee Houser Files Bad Faith and Breach of Contract Suits against 192 Insurance Companies

BSA Bankruptcy Trust Trustee Houser Sues Insurance Companies for Bad Faith

What You Need to Know The Boys Scouts of America Settlement Trust trustee is suing more than 90 insurance companies for bad faith, breach of contract. The suit filed in the Northern District of Texas is to enforce solvency of the trust for future distributions to sex abuse victims. The insurance companies contested the plan … Read more