A German insurance firm will soon reach a settlement of unpaid claims from the Holocaust era, said a company spokesman. The announcement from Allianz came as Italy’s largest insurance firm, Assicurazioni Generali, agreed to pay $100 million as part of a settlement of a class-action lawsuit filed by Holocaust survivors. Generali’s settlement involves opening its records, which could disclose important information about the wartime activities of other European insurers. Meanwhile, several Swiss insurance firms said they would resist a settlement.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
