An inquiry into accords reached or pending with a number of European nations aiming to settle billion-dollar claims stemming from the Holocaust will be led by New York City Comptroller Alan Hevesi. A group led by Hevesi will examine how Germany and Austria are handling claims from Holocaust survivors who say prewar insurance policies were never honored.
Meanwhile, in Washington, U.S. Holocaust claims envoy Deputy Treasury Secretary Stuart Eizenstat, Austrian officials, Jewish survivor groups and attorneys penned an agreement Wednesday that will compensate Austrian Jews stripped of their assets after Nazi Germany annexed the country in 1938.
Was this article valuable?
Here are more articles you may enjoy.
Older, Wealthier Renters Drive Changes in Insurance Needs 
Hacking Group Claims Major Hack of Novo Nordisk and Attempted $25M Extortion 
Ship Owner Seeks Dismissal of Economic Loss Claims From Baltimore Bridge Collapse 
AM Best: Data Centers Pose Risks Beyond What P/C Industry Has Experienced 
