A bill that would permit Holocaust survivors to sue over Holocaust-era insurance policies was discussed Tuesday at a Senate Foreign Relations Committee hearing.
Sen. Bill Nelson, D-Fla., who chaired the hearing, said the hearing was the first the committee has held that has focused on Holocaust insurance issues.
“While no amount of financial compensation or property restitution can ever make up for the indescribable wrong of the Holocaust, we all are committed to doing what we can to assist these survivors to obtain meaningful compensation due to them for the assets that they lost during the war and around the period prior to the war, and to have that compensation come to them without delay,” Nelson said.
Many Holocaust-era claims were resolved through the International Commission on Holocaust Era Insurance Claims.
ICHEIC shut down in 2007 after paying out more than $300 million in claims to 48,000 survivors.
Some survivors have criticized ICHEIC.
Reps. Ileana Ros-Lehtinen, R-Fla., and Robert Wexler, D-Fla., introduced H.R. 1746, which would allow survivors to bring their cases to federal court and require insurance companies in the U.S. that wrote policies in Europe in the years before and during World War II to make the names of the Holocaust-era policyholders available for publication by the National Archives.
H.R. 1746 was approved by the House Foreign Affairs Committee in October 2007 and now is awaiting action by the House Committee on Oversight and Government Reform and the House Financial services Committee.
Jack Rubin a Holocaust survivor and member of the advisory committee for the Holocaust Survivors of West Palm Beach, Boynton Beach, Fla., testified in favor of the bill.
Rubin reported that ICHEIC rejected his claim over what ICHEIC said was a lack of evidence.
Rubin said his father had bought insurance with Generali Moldavia through an agent that was also killed during the Holocaust, but that the insurer said it had no knowledge of either the policy or the agent when Rubin filed a claim.
“This is absurd, because I know we had insurance,” Rubin said. “Don’t you think Generali, which even then was a global giant, would have kept information about its insurance agents, and about its subsidiaries? That’s what big insurance companies do.”
Rubin criticized ICHEIC as being “controlled by the insurance company” and operating behind closed doors.