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A bill to provide for the restoration of legal rights for claimants under holocaust-era insurance policies.

USA115th CongressS-258| Senate 
| Updated: 2/1/2017
Bill Nelson

Bill Nelson

Democratic Senator

Florida

Cosponsors (1)
Marco Rubio (Republican)

Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Holocaust Insurance Accountability Act of 2017 This bill allows a beneficiary of a Holocaust-era life, dowry, education, annuity, property, or other insurance policy to bring a civil action in a U.S. district court against the insurer for the covered policy to recover proceeds due or, otherwise, to enforce any rights under the policy. The bill covers any policy that was: (1) in effect at any time from January 31, 1933, to December 31, 1945; and (2) issued to a policy holder domiciled in any area that was occupied or controlled by Nazi Germany, an ally or friendly government, or the territorial jurisdiction of Switzerland. The bill requires the award: (1) to a prevailing beneficiary of the amount of the proceeds due under the policy, plus prejudgment interest at 6% per year, compounded annually, calculated from the date the amount was originally due; and (2) of treble damages against any insurer that acted in bad faith. A civil action under this bill must be filed within 10 years after enactment of this bill. A prior judgment or release entered for any claim arising under a covered policy in any civil action in a federal or state court shall not impair a claim brought under this bill. Any executive agreement between the United States and a foreign government or any executive foreign policy of the U.S. government shall not supercede or preempt any state law or compromise, settle, extinguish, waive, preclude, bar, or foreclose any claim brought under this bill. A claim brought under state law within 10 years after enactment of this billshall not be deemed untimely on the basis of any state or federal statute of limitations or on the basis of any other legal or equitable rule or doctrine governing timeliness.
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Timeline
Jan 31, 2017

Latest Companion Bill Action

HR 115-762
Introduced in House
Feb 1, 2017
Introduced in Senate
Feb 1, 2017
Read twice and referred to the Committee on the Judiciary.
  • January 31, 2017

    Latest Companion Bill Action

    HR 115-762
    Introduced in House


  • February 1, 2017
    Introduced in Senate


  • February 1, 2017
    Read twice and referred to the Committee on the Judiciary.

International Affairs

Related Bills

  • HR 115-762: To provide for the restoration of legal rights for claimants under holocaust-era insurance policies.
Civil actions and liabilityEmployee benefits and pensionsEuropeGermanyInsurance industry and regulationInterest, dividends, interest ratesLife, casualty, property insuranceSwitzerlandWar crimes, genocide, crimes against humanity

A bill to provide for the restoration of legal rights for claimants under holocaust-era insurance policies.

USA115th CongressS-258| Senate 
| Updated: 2/1/2017
Holocaust Insurance Accountability Act of 2017 This bill allows a beneficiary of a Holocaust-era life, dowry, education, annuity, property, or other insurance policy to bring a civil action in a U.S. district court against the insurer for the covered policy to recover proceeds due or, otherwise, to enforce any rights under the policy. The bill covers any policy that was: (1) in effect at any time from January 31, 1933, to December 31, 1945; and (2) issued to a policy holder domiciled in any area that was occupied or controlled by Nazi Germany, an ally or friendly government, or the territorial jurisdiction of Switzerland. The bill requires the award: (1) to a prevailing beneficiary of the amount of the proceeds due under the policy, plus prejudgment interest at 6% per year, compounded annually, calculated from the date the amount was originally due; and (2) of treble damages against any insurer that acted in bad faith. A civil action under this bill must be filed within 10 years after enactment of this bill. A prior judgment or release entered for any claim arising under a covered policy in any civil action in a federal or state court shall not impair a claim brought under this bill. Any executive agreement between the United States and a foreign government or any executive foreign policy of the U.S. government shall not supercede or preempt any state law or compromise, settle, extinguish, waive, preclude, bar, or foreclose any claim brought under this bill. A claim brought under state law within 10 years after enactment of this billshall not be deemed untimely on the basis of any state or federal statute of limitations or on the basis of any other legal or equitable rule or doctrine governing timeliness.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 31, 2017

Latest Companion Bill Action

HR 115-762
Introduced in House
Feb 1, 2017
Introduced in Senate
Feb 1, 2017
Read twice and referred to the Committee on the Judiciary.
  • January 31, 2017

    Latest Companion Bill Action

    HR 115-762
    Introduced in House


  • February 1, 2017
    Introduced in Senate


  • February 1, 2017
    Read twice and referred to the Committee on the Judiciary.
Bill Nelson

Bill Nelson

Democratic Senator

Florida

Cosponsors (1)
Marco Rubio (Republican)

Judiciary Committee

International Affairs

Related Bills

  • HR 115-762: To provide for the restoration of legal rights for claimants under holocaust-era insurance policies.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Civil actions and liabilityEmployee benefits and pensionsEuropeGermanyInsurance industry and regulationInterest, dividends, interest ratesLife, casualty, property insuranceSwitzerlandWar crimes, genocide, crimes against humanity