Law Would Force Insurers To Pay Holocaust Claims

Law360, New York (March 29, 2007, 12:00 AM EDT) -- Lawmakers on Thursday introduced a bill that would force insurance companies to release all their Holocaust-era policyholders, in an effort finally settle thousands of claims by victims and their descendants.

The Holocaust Insurance Accountability Act of 2007 would bring billions of dollars in insurance payments to Holocaust victims who bought policies before the Second World War and to their relatives, its co-sponsors said.

“Although it has been more than 60 years since the end of World War II, insurance companies and many of the European governments...
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