Insurers to Settle Holocaust Claims

Major European insurance companies signed an agreement in New York to resolve unpaid Nazi-era polices of Holocaust victims, even though attorneys for survivors are opposed to it. The agreement establishes an international commission that would examine the companies’ archives, set up a process to resolve claims and determine a company’s liability, said Neil D. Levin, vice chairman of the group negotiating task force. Attorneys representing thousands of Holocaust survivors said they didn’t support the pact, saying it did not guarantee quick payment of policies.