The Roman Catholic Diocese of Rochester has reached a settlement with survivors of clergy sex abuse.
The settlement, totaling $246 million, includes a $120 million agreement with Continental Insurance Company, a holdout insurer.
This settlement is a major development in the diocese's Chapter 11 bankruptcy proceedings, which began in 2019 following numerous lawsuits filed under the Child Victims Act.
The act allowed survivors of childhood sexual abuse to file claims that had previously been barred by the statute of limitations.
The committee representing the survivors negotiated the settlement, which aims to provide compensation and closure to those affected by the abuse.