Compensation for Nazi survivors

New York - Italian insurance company Generali will pay more than $100 million to settle claims from Holocaust survivors and victims…

New York - Italian insurance company Generali will pay more than $100 million to settle claims from Holocaust survivors and victims' heirs, sources close to negotiations said yesterday. The plaintiffs claim the Italian company sold insurance to Jews during the rise of Nazism, banking on fear, and then refused to indemnify the families of victims, asking notably for death certificates for those who died in concentration camps.

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