I was under the impression that the Germans under Hitler were obsessive about record keeping. It’s hard to believe that documentation doesn’t exist for each and every person murdered in their camps. Stop delaying payments and get it done insurers.
A baby born in Auschwitz would be at least 63 years old now. Maybe with a few more years delay in the payment of reparations the whole “class” entitled to payments will no longer exist…
Governor Eliot Spitzer, whose immediate family was not directly affected by the Holocaust, said that he would start proceedings against Generali to determine if contingency checks were issued by the insurance company to the Italian Facist Party during the War.
AG Blumenthal said that any correlation between his family in Europe during the war and the State of CT’s joining with Spitzer in this action had nothing to do with his desire to seek justice for all. Of particular note to him was whether the Alphabet Brokerages had made any acqusitions of EU brokerages since the end of hostilities, where profit sharing checks may have been involved.
An incalculable amount of time and effort has been devoted to mining these claims some 60 years post event. It’s time these people started focusing on the present and the future and stop living in the past. It would be interesting to see exactly how much each class member will receive after attorney fees and expenses are deducted.
If Generalli is happy you know something is wrong. They stonewalled this for years.
A lot of paper has been lost since the end of WW II or shreaded. This is not just a case of approaching extinction.
I know someone who is now 86 who’s father sold those life insurance policies and none of them can be found.Her whole extended family , many of whom bought those policies , was lost in the war. She knows the names of the insurers, the names of the insureds and the names of the benificiaries. All of this has been submitted and come back with a zero. The only thing she did not know were the actual effective dates and policy numbers.She saw the dowry policy taken out for her by her father.
This is one big joke. The only one making out here are the class action lawyers. Given the present value of the policies, the insurers are paying next to nothing.
It is not that satisfing that the insurers are paying somthing. This is a pyric victory and a sad comentary on justice.
John R, I’m sure you did not mean anything vindictive by your comment. I’ll contend that AG should be put out of business.
AG (and other European insurance companies) used the chaos present at the end of the war (inability to get death certificates, etc) to avoid paying legitimate claims on innumerable life insurance cases. These funds that they saved enabled them to fund future growth & pad their pockets. In essence they took in funds and then had the exposure removed by the war on so many thousands of life policies.
This is a deep, complex issue and I contend that delaying once again the miniscule payment (just a few thousand dollars per claimant) is another travesty in this abysmal affair. The entire issue should have been solved in the 50’s or 60’s but AG and others fought it successfully until last year.
60 year old issue, yes. With merit, undoubtedly. Don’t confuse this with the class action morass in America.
Kevin Rasmussen
KR – there is nothing vindictive in my comments. It just seems that if a paltry few thousand dollars per claimant is all that’s at stake, it may have been prudent to get on with life and devote time, energy, and money towards doing something that produces value TODAY. You can’t keep looking back 60 years and trying to make things right after all that time. Certainly these folks have more pressing issues to focus on.
Nobody’s condoning what Generali did. But, many people benefited from the fallout of wars. Personally, I think it’s dangerous to drive the road of life by looking in your rearview mirror.
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I was under the impression that the Germans under Hitler were obsessive about record keeping. It’s hard to believe that documentation doesn’t exist for each and every person murdered in their camps. Stop delaying payments and get it done insurers.
A baby born in Auschwitz would be at least 63 years old now. Maybe with a few more years delay in the payment of reparations the whole “class” entitled to payments will no longer exist…
And a person who was 20 years old during the Holocaust would roughly be 83. I think your comment falls a little short.
Come on, Nebraska – you mean 63 isn’t old?
Governor Eliot Spitzer, whose immediate family was not directly affected by the Holocaust, said that he would start proceedings against Generali to determine if contingency checks were issued by the insurance company to the Italian Facist Party during the War.
AG Blumenthal said that any correlation between his family in Europe during the war and the State of CT’s joining with Spitzer in this action had nothing to do with his desire to seek justice for all. Of particular note to him was whether the Alphabet Brokerages had made any acqusitions of EU brokerages since the end of hostilities, where profit sharing checks may have been involved.
An incalculable amount of time and effort has been devoted to mining these claims some 60 years post event. It’s time these people started focusing on the present and the future and stop living in the past. It would be interesting to see exactly how much each class member will receive after attorney fees and expenses are deducted.
If Generalli is happy you know something is wrong. They stonewalled this for years.
A lot of paper has been lost since the end of WW II or shreaded. This is not just a case of approaching extinction.
I know someone who is now 86 who’s father sold those life insurance policies and none of them can be found.Her whole extended family , many of whom bought those policies , was lost in the war. She knows the names of the insurers, the names of the insureds and the names of the benificiaries. All of this has been submitted and come back with a zero. The only thing she did not know were the actual effective dates and policy numbers.She saw the dowry policy taken out for her by her father.
This is one big joke. The only one making out here are the class action lawyers. Given the present value of the policies, the insurers are paying next to nothing.
It is not that satisfing that the insurers are paying somthing. This is a pyric victory and a sad comentary on justice.
John R, I’m sure you did not mean anything vindictive by your comment. I’ll contend that AG should be put out of business.
AG (and other European insurance companies) used the chaos present at the end of the war (inability to get death certificates, etc) to avoid paying legitimate claims on innumerable life insurance cases. These funds that they saved enabled them to fund future growth & pad their pockets. In essence they took in funds and then had the exposure removed by the war on so many thousands of life policies.
This is a deep, complex issue and I contend that delaying once again the miniscule payment (just a few thousand dollars per claimant) is another travesty in this abysmal affair. The entire issue should have been solved in the 50’s or 60’s but AG and others fought it successfully until last year.
60 year old issue, yes. With merit, undoubtedly. Don’t confuse this with the class action morass in America.
Kevin Rasmussen
Very well put. A travesty of justice.
KR – there is nothing vindictive in my comments. It just seems that if a paltry few thousand dollars per claimant is all that’s at stake, it may have been prudent to get on with life and devote time, energy, and money towards doing something that produces value TODAY. You can’t keep looking back 60 years and trying to make things right after all that time. Certainly these folks have more pressing issues to focus on.
Nobody’s condoning what Generali did. But, many people benefited from the fallout of wars. Personally, I think it’s dangerous to drive the road of life by looking in your rearview mirror.