A House panel pushed legislation ahead on Wednesday to give thousands of Holocaust survivors the right to sue European insurers for insurance benefits that are estimated to total approximately $20 billion. The bill was approved by Foreign Affairs Committee voice vote, allowing the aging Holocaust survivors living in the United States the access they need to American courts in order to force certain insurance companies – such as Assicurazioni Generali in Italy, and Allianz SE in Germany – to have to disclose their pre-World War II policy lists for the…
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Advocates of Holocaust insurance claim seek to draw Obama’s notice
Three quarters of a century after the murder of family members in the Nazi death camps, Holocaust survivors continue their battle with insurance companies to have their money returned to them, and the Holocaust Survivors Foundation USA hoped to draw the attention of Obama to the cause, in Miami during his visit. Insurance companies that include AXA, Allianz, and Generali all continue to refuse to hand over payments for the insurance policies of holocaust survivors – and the descendents of those who had been sent to the death camps – unless…
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