HOLOCAUST SURVIVORS SUE INSURANCE CLAIMS PANEL.Two survivors of World War II Nazi-concentration camps filed a lawsuit Sept. 25 against the International Commission of Holocaust-Era Insurance Claims, alleging the panel conspired with insurers to delay and diminish their claims. The lawsuit, filed in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Superior Court by Manny Manny may refer to: In nobility:
Under the name of Imperial Regia Privilegiata Compagnia di Assicurazioni Generali Austro-Italiche, the company was founded on December 26, 1831. to diminish claims it is to pay from $1 billion to $100 million. It does not ask for monetary damages Monetary damages, in civil law, refers to compensation given to an injured party by a liable party. Monetary damages may be restitution, a penalty, or both. , but seeks costs and attorneys fees as well as an injunction ordering the commission to extend the deadline for filing claims and to publish on its website the names of an estimated 100,000 policyholders. Christopher Carnicelli, president of Generali in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , said the lawsuit is "baseless, misleading and does not reflect the reality that thousands of individual claimaints . . . and will continue to be paid and offered generous amounts" through the commission. Last year the commission announced a deal worth about $275 million to compensate Holocaust survivors There are many famous Holocaust survivors who survived the Nazi genocides in Europe and went on to achievements of great fame and notability. Those listed here were, at the very least, residents of the parts of Europe occupied by the Axis powers during World War II who survived seeking to recover lost insurance funds. Under that agreement, some $100 million would compensate survivors for unpaid life insurance claims and roughly $174 million will be set aside for a humanitarian fund. But plaintiffs in the new lawsuit say the commission has assisted Generali in reducing its exposure to claims, made it more difficult for survivors to determine whether their families held a policy and allowed it to send misleading letters to claimants offering unreasonably low settlements. "It has been established that they owe over a billion dollars to survivors and they are using the commission to diminish and defeat survivor claims," plaintiffs' attorney Bill Shernoff said. "We are calling on Mr. Eagleburger to step down, to resign, to allow the commission to be reorganized re·or·gan·ize v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es v.tr. To organize again or anew. v.intr. To undergo or effect changes in organization. in a fair and efficient way." |
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