Money

Flash-mob thieves used social media to plan crimes

A recent rash of thefts by fast-moving mobs at stores were organized on social media and committed by people who often didn’t know one another, according to law-enforcement officials.

Boy Scouts secure $800 million from Chubb insurer for sex abuse settlements

One of the Boy Scouts of America's primary insurers, Chubb Ltd unit Century Indemnity Company, said on Monday it will contribute $800 million to a deal proposed by the youth organization to settle around 82,500 claims from people who say they were sexually abused as children by troop leaders.

Larry Nassar victims reach $380 million settlement

USA Gymnastics, U.S. Olympic & Paralympic Committee and their insurers have agreed to fund a $380 million settlement with victims of longtime national team physician Larry Nassar, drawing to a close a five-year legal battle that has upended American Olympic sports governance.