Thursday, June 09, 2005

Abuse Cost for Catholic Dioceses Tops $1B

And the figure is guaranteed to rise, probably by tens of millions of dollars, because hundreds more claims are pending.
Dioceses around the country have spent at least $1.06 billion on settlements with victims, verdicts, legal fees, counseling and other expenses since 1950, the AP found. A $120 million compensation fund announced last week by the Diocese of Covington, Ky., pushed the figure past the billion-dollar mark.
A large share of the costs — at least $378 million — have been incurred in just the past three years, when the crisis erupted in the Boston Archdiocese and spread nationwide.

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