Six European insurance companies agreed to deposit a total of $90 million in an escrow account as proof of their intent to settle claims by Holocaust victims and their heirs. The decision to establish the fund, with $30 million to be paid within the coming weeks and the remaining $60 million by June 1999, came during a marathon 10-hour meeting in London of the newly established International Commission on Holocaust Era Insurance Claims. The executive director of the World Jewish Congress, Elan Steinberg, called the move a “historic achievement to the credit of the insurance companies.”
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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.
