Holocaust-Era Insurance Claims: Restoring Rights and Access to Justice
This Act aims to help citizens pursue claims from insurance policies issued during the Holocaust era. It allows for the disclosure of information about these policies and enables lawsuits in federal courts, even if previous rulings prevented them. This gives victims and their heirs a new opportunity to recover due funds.
Key points
Allows claims on Holocaust-era insurance policies, even if previous court judgments blocked them.
Creates a new federal legal path for beneficiaries of these policies, including U.S. citizens.
Establishes a 10-year statute of limitations for filing lawsuits from the Act's enactment date.
If an insurer acted in bad faith, courts can award triple the due amount.
Ensures reimbursement of legal fees for prevailing beneficiaries.
Status:
Introduced
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