Rochester Diocese, Insurers Pitch $148 Million Abuse Victim Fund

The Catholic Diocese of Rochester in New York and a group of its insurers have reached a settlement to pay about $148 million to survivors of sexual abuse by clergy, raising from their previously court-rejected offer of $35 million.

The proposal, which was filed Thursday in the U.S. Bankruptcy Court for the Western District of New York, calls on the insurers—including “certain London Market Companies,” Underwriters at Lloyd’s London, Interstate Fire & Casualty Co. and National Surety Corp., and Continental Insurance Co.—to pay about $107 million.

The diocese and its affiliated organizations will add $40.5 million to the fund. The ...