Listener: This is in a statement made by the Australian Branch Committee member O'Brien, the insurance is held by the WTBTS Pennsylvania. No doubt the cost of that insurance would be astronomical the more claims they are making against it but it would greatly influence the way they deal with Court cases and potential Court cases, including settlement. If they are covered for these claims then their concerns would be more about publicity than the amounts awarded or paid to the victim.
Although O'Brien states that the cover could possibly include any Australian claims he would not have said so or even thought there was a need to reveal the information if the organization hadn't already made claims under their insurance.
I didn't think that the Australian Branch carried liability insurance for the directors. Maybe I am reading their financial statement wrong. This is what was submitted to the Royal Commission:
INDEMNITIES AND INSURANCE
Under the entity's Attic/es of Assodation, Watchtower Bible & Tract Sociery ofAustralia (the "Company") is
required to indemnify, to the extent permitted by Law, each Officer of the entity against
• liability to third parties arising out of conduct undertaken in his capacity as an Officer of
the entity, unless the liability arises out of conduct involving a lack of good faith, willful
misconduct or reckless behavior; and
• the costs and expenses of successfully defending legal proceedings arising out of conduct
undertaken in his capacity as an Officer of the Company.
The Company has not, during or since the end of the financial year, in respect of any person who is or
has been an officer or auditor of the Company:
• indemnified, or made any relevant agreement for indemnifying, against a liability that was
incurred by an officer of the Company, including costs and expenses in defending legal
proceedings; or
• paid, or agreed to pay, a premium in respect of a contract insuring against a liability
incurred by an officer of the Company, for the costs and expenses in defending legal
proceedings.
The financial statement says that each director carries $100 in personal liability.
That doesn't seem like very much. And, the statement says nothing about insurance carried by the parent organization in New York.
I also don't believe O'brien when he says that no records or stats on child abuse were sent up the line. That would go against everything we know about the WTS control and the need to know about everything that happens in the congregations. The WTS brags about their meticulous record keeping - why woud the child abuse numbers not also be reported?
The WT guys are trying to cover up one lie with another lie with another lie...their house of cards is tumbling.