Thursday, October 1, 2009

Holocaust Victims Insurance Act of 1998


New York State insurance law was amended in 1998 to address claims by Holocaust victims, survivors and their heirs, that certain insurers doing business in New York, either directly or through affiliates, that issued policies prior to the end of World War II had failed to pay legitimate claims.

Language in legislation emphasizes that, "Outside of Israel, New York is home to the largest number of Holocaust survivors and their heirs in the world."

The Annual Report to the Governor and the New York State Legislature on "The Holocaust Victims Insurance Act of 1998" was issued by the New York State Insurance Department from 1999 through 2009.

The Annual Report, describing the involvement of New York State in the restitution of Holocaust era assets, is available in the New York State Library's digital documents management system.

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