Insurers Face Risk of Child Sex-Abuse Claims

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Insurers Face Risk of Child Sex-Abuse Claims
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State laws expanding the statute of limitations for child sexual-abuse claims pose a growing financial risk to insurance companies

, said ratings firm A.M. Best.

Seventeen states and Washington, D.C., have laws going into effect this year that extend or eliminate the amount of time victims of child sexual abuse have to sue or seek criminal charges against their abusers, according to advocacy group Child USA. Some states, including New York, have created short-term windows during which victims can sue their abusers and the institutions...

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