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USOPC sues insurer for holding Nassar settlement talks



(Reuters) – The US Olympic and Paralympic Committee said on Friday that they had sued their insurance providers for failing to fulfill their obligations to reach an agreement with survivors of Larry Nasser's sexual assault.

Committee Chair Susanne Lyons accused a conference caller and accused insurers of holding conciliation negotiations with hundreds of women who had been beaten by the disgraced U.S. national gymnastics team doctor.

"For almost a year and a half, we have been actively involved in the mediation process," said Mrs Lyons.

" good faith and to investigate whether a reasonable solution can be achieved – we had to arouse this mood.

USOPC sues 1

1 insurance companies, including units of Chubb Ltd. and American International Group Inc. These companies did not immediately respond to a request for comment.

Mr. Nassar was sentenced to up to 300 years in prison in two different trials in 2018 after hundreds of women accused him of sexual abuse. He also served as a faculty member at Michigan State University.

The university, which was accused of dismissing complaints about Mr. Nassar, agreed to pay $ 500 million in settlements to those who said they were sexually abused by Mr. Nassar. [19659002] USA Gymnastics offered a $ 215 million deal at the end of February to survivors. USOPC and USA Gymnastics have participated in mediation with victims.

"The purpose of the trial is for a court to resolve issues relating to the insurer's obligations as part of our efforts to achieve a fair settlement for victims and survivors," Ms Lyons said.

“We have a deep respect and empathy for the survivors and victims of abuse. They have shown tremendous courage and strength in the most difficult of circumstances.

“We deeply regret the time taken by the complicated mediation and we do not want more than a quick and fair solution to give the survival society a certain closure.

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