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News Brief

September 17, 1998
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A Swiss insurance firm said it had found fewer than 20 insurance policies that could have been taken out by Holocaust victims. Officials for Baloise Insurance Group, Switzerland’s fifth-largest insurer, said the company is willing to settle any claims, provided there is sufficient evidence. Baloise is one of 16 European insurers facing class-action lawsuits of $1 billion each for refusing to pay out on policies taken out by Jews killed during the Holocaust.

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