Holocaust Survivor Insurance Bill Passes House Committee

Law360, New York (March 7, 2012, 6:55 PM EST) -- A bill that would allow Holocaust survivors and their heirs and beneficiaries to seek compensation from foreign insurance policies in U.S. courts on Wednesday was passed by the House Committee on Foreign Affairs.

The bill is intended to establish a federal private right of action to allow the survivors and their beneficiaries to recover benefits under their Holocaust-era insurance policies.

The bill would also allow for state causes of action and disclosure requirement laws regarding Holocaust-era insurance policies to be valid and not preempted.

“This act...
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