Chapter 11 announced
Dear Scouting Family,Today, the national organization of the Boy Scouts of America (BSA) filed for Chapter 11 bankruptcy to achieve two key objectives: equitably compensate victims who were harmed during their time in Scouting and continue to carry out Scouting’s mission for years to come.While the word “bankruptcy” can be intimidating, it is important to know that Scouting programs will continue. Your regular unit meetings and activities, district and council events, other Scouting adventures a
Here's a copy of National's lawsuit against the insurance companies. Note the timeframe: the policies date to the 1970s.
You seem to be under the impression that the premiums were paid "for years". That isn't how this worked. National signed insurance agreements with them EACH YEAR. So this isn't "years of premiums". The question is, for example, in 1971 did National sign the insurance agreement for that year and nevertheless withhold info?
The insurance companies are claiming (rightly pr