Of the 909 claims presented to the International Commission on Holocaust Era Insurance Claims, 124 have been settled, 393 have been rejected and the remaining 392 are still pending, the L.A. Times reported today.
Participation in the commission, established in 1998, is voluntary. Consumer advocates, including Washington state Insurance Commissioner Deborah Senn, are “seriously concerned” with the process.
However, the insurers, which include Allianz, Assicurazioni Generali, Axa, Winterthur and Zurich, maintain that they are paying only valid claims, and those with rejected claims should “theoretically be taken care of” through a separate humanitarian fund administered by the commission.
Topics Claims
Was this article valuable?
Here are more articles you may enjoy.
Private Equity Turns to Heat Detectives as Climate Risks Intensify
What 124 Future Business Leaders Really Think About AI and Work
Former Bucknell University Coach Charged in Death of Freshman Football Player
NYC to Publicly Identify Buildings Testing Positive for Legionnaires’ Bacteria 

