Diocese to pay $37M to sex abuse victims

? The Roman Catholic Diocese of Davenport agreed Monday to pay out $37 million to more than 150 sex abuse victims under a settlement that requires the bishop to personally apologize to any accusers or relatives who ask.

The deal, hammered out over four days of negotiations in Chicago, will address the claims of 156 victims of sex abuse who have come forward, with a portion of the money set aside in the event that more victims come forward.

The agreement completes a necessary step for the Davenport diocese, which filed for bankruptcy last year after allegations of abuse against former clergy members, some dating back nearly 70 years. The diocese is expected soon to file a formal plan for reorganization in U.S. Bankruptcy Court that will include the settlement agreement.