House Panel Calls for Holocaust Insurance Policy Disclosure

October 25, 2007

  • October 25, 2007 at 3:54 am
    Calie says:
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    ENOUGH ALREADY! DON’T THESE PEOPLE HAVE ANYTHING MORE CURRENT TO DO? THE BANE OF THEIR EXISTENCE SEEMS TO BE RELIVING SOMETHING THAT HAPPENED TO THEIR ANCESTORS ALMOST 70 YEARS AGO. THESE OF ALL PEOPLE SHOULD UNDERSTAND THE COST OF MINING WHAT IS SURE TO BE A MINIMAL RECOVERY, IF ANY. IT’S TIME TO MOVE-ON. I CAN’T THINK OF A SINGLE OTHER NATIONALITY GROUP THAT WAS PERSECUTED SOMETIME IN THE LAST CENTURY THAT WASTES ITS TIME ON CHASING THE GHOSTS OF THE PAST. YOU CAN’T TRAVEL THE ROAD OF LIFE BY CONSTANTLY USING THE REAR VIEW MIRROR.

  • October 25, 2007 at 3:57 am
    PRIVATE PETE says:
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    EXCUSE ME, BUT I DON’T UNDERSTAND WHY OUR HOUSE IS CONCERNED ABOUT ANOTHER COUNTRY’S INSURANCE CLAIMS—ISN’T THAT THE BUSINESS OF THEIR GOVERNMENT?

  • October 25, 2007 at 4:04 am
    Ike says:
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    “their” government only cares about fighting with the Palestinians. They’re almost as pathetic as the Irish used to be. Fighting a war nobody can win is pointless. At least the Irish found a way to co-exist without planting bombs against each other. The Jews have allowed themselves to be defined by the Holocaust and that’s unfortunate. For as bright and creative a people as they are, they could certainly be focusing on today’s world, not yesterday’s.

  • October 25, 2007 at 4:10 am
    Insurance Maven says:
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    Calie….It will end when the foreign insurers in Italy, Switzerland, Germany and everywhere else in Europe pay the claims for which they collected millions in premiums. Be glad it not you chasing down the money that they’ve attempted to bury along with the corpses that were slaughtered. It’s easy to forgive & forget when it’s wasn’t your parents, grandparents, brothers, sisters or other relatives that were murdered

  • October 25, 2007 at 4:21 am
    josh says:
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    Maven: Those companies didn’t do anything illegal or immoral. The circumstances that lead to that economic mess was a world war. Trust me, if it were my ancestors, I wouldn’t be wasting most of my life chasing down the ghosts of theirs. What’s the point they’re trying to prove here? Everybody’s acknowledged ad nauseum the Holocaust was a terrible thing. The Jews seem to want to prove a point by hunting down each and every ghost of their ancestors. The fact is the COST of pursuing this will yield virtually nothing to them in the form of payment. Anything they may hope to recover will be at the face value 70 years ago. After attorney fees, it isn’t going to change the survivors lives. I agree with Calie, somebody needs to say enough is enough.

  • October 25, 2007 at 4:38 am
    MICMAC says:
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    YOU CAN’T THINK OF A SINGLE OTHER NATIONALITY GROUP THAT WAS PERSECUTED SOMETIME IN THE LAST CENTURY THAT WASTES ITS TIME ON CHASING THE GHOSTS OF THE PAST?

    EVER HEAR OF REPARATIONS FOR SLAVERY?

    AND THAT WAS 2 CENTURIES AGO.

  • October 25, 2007 at 4:51 am
    Maven Again says:
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    Josh…..I agree that chasing ghosts of Nazi SS who are probably pushing 80 yrs old is a waste of resources; but then I don’t feel I have a right to judge those that continue….However, seeking indemnification for legitimate death claims from an insurer who is still in business is something we’d both do if given the opportunity. It’s not about inflation nor the current value of the proceeds, it strictly about the insurer’s obligation to the policyholders, and their beneficiaries, right ? If you believe that insurers can void valid claims, then you’re in the wrong business, and I wouldn’t want to be your client.

  • October 26, 2007 at 9:14 am
    Let's End It says:
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    The question of when will this end and the responses seem to be gut reactions to the brutality that was committed in another generation (or two).

    However, some of what the insurance companies did was corrupt and immoral; claims to repay damages to stores that were looted and destroyed, not due to war, but because the owner was a Jew, were commonly denied. Again, due to the fact the Government (Nazis) considered a race of people non-citizens and vermin not elligible for the same protection as “pure” peoples. This they backed the insurance carriers into a corner (so to speak) and the claims were denied.

    Life insurance poilices that were not paid, for the same reason. The deaths had NOTHING to do with war – it was extermination of the “unwanted.”

    Let’s put it in today’s language. It’s like looting and destroying stores owned by latinos, imprisoning them, killing them – and then the insurance carriers refusing to pay for the damages and life insurance that may exist.

    I’m not talking about the illegal folks; I’m talking about this being done to legal citizens of this country (as the Jews were of Germany).

    If this happened, wouldn’t we, as a civilized people, expect reparations for these claims – regardless of how long it takes? If not, you’ve got a mean streak a mile wide.

  • October 26, 2007 at 12:15 pm
    Southern Belle says:
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    It seems to me that most of you have missed the point. It’s not about defining a people or about dragging up the past. It’s about clients (and heirs) getting what they paid for. How long will Katrina victims fight for what is rightfully theirs? And now with flooding in the midwest and fires in the west, how many more claims will insurance companies try to get out of paying. We have seen this more than once–people who have paid premiums for many years for insurance COVERAGES only to have to fight for what is rightfully theirs–a claims check. It’s not about race, religion, or even history. It’s about people standing up instead of rolling over. These people mentioned in this article must have extreme patience and fortitude to keep this up for so long. Most of us would have given up and just taken what small percentage (of what is due to us) and went on. Furthermore, why does it anger you so? What personal stake do you have in this? “These people” as it was put are entitled to the same considerations as “we people”, like it or not.

  • October 26, 2007 at 4:00 am
    Marissa says:
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    It would be good to know how many claimants are involved and the total potential recovery amount. Discovery costs and attorney fees will most certainly eat up the majority of any settlements. The basis for any settlement should be the face value of the policies at the time of loss. There’s no basis for lost interest. It just seems like a lot of time and expense is being devoted to “getting what’s owed them” regardless of the cost. It’s hard to disagree with Calie’s comments about the Jewish people living in the past. Why is the American government even getting involved with this? The ancestors weren’t citizens when this occured and we have no jurisdication over the defendants. It’s not like we don’t have any more pressing issues affecting life today.



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