News Brief

An Italian insurance firm agreed today to pay $100 million as part of a settlement of a class-action lawsuit filed by Holocaust survivors. The payout agreed to by Assicurazioni Generali is a first payment “toward moral and material restitution” by the company, according to officials at the World Jewish Congress who participated in the negotiations. A commission will examine the company’s archives, which could lead to Generali paying additional monies.

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