BUFFALO, NY (WKBW) — There’s a major development in the ongoing Buffalo Diocese bankruptcy case.

We have learned that the Survivors Committee reached a settlement with two of the diocese's insurance companies. A settlement with Wausau Insurance was reached for $37.5 million, and an $85 million deal with CAN.

“This is huge news. This has been a long, long process for the survivors, who first showed the courage to stand up to the diocese for what happened to them as children. They have really been dragged through it through a long, long bankruptcy process,” declared Steve Boyd, attorney.

There are more than 900 survivors who filed child victims act cases against the diocese.

“This settlement with Wausau and CNA is a massive development in this case. They came to the table in good faith,

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