Sen. Cramer, Colleagues Introduce Bipartisan Bill to Restore Holocaust Survivors' Rights

WASHINGTON, April 14 -- Sen. Kevin Cramer, R-North Dakota, issued the following news release:

U.S. Senator Kevin Cramer (R-ND) joined Senator Marco Rubio (R-FL) in introducing the Holocaust Insurance Accountability Act, bipartisan legislation to allow beneficiaries of Holocaust-era insurance policies to bring civil action in U.S. district courts against the insurer for the covered policy to recover proceeds due or otherwise enforce any rights under the policy.

"Holocaust survivors endured one of the darkest moments in the history of the world. Insurers have no business profiting off of their pain and hardship,"said Senator Cramer. "Our bill gives survivors and their beneficiaries a way to receive the money they are owed."

More than 70 years later, some Holocaust survivors have not been paid money have been owed. According to the Congressional Research Service, "Up to billions of dollars worth of assets seized by the Nazis from individual citizens and deposited in private and national banks throughout Western Europe had never been returned." The Holocaust Insurance Accountability Act would allow Holocaust survivors to claim unpaid 1940s-era policies by suing insurance companies in U.S. civil courts.

Senators Cramer and Rubio are joined on the bill by Senators Jacky Rosen (D-NV), Rick Scott (R-FL), Ben Sasse (R-NE), and Joni Ernst (R-IA). Representative Debbie Wasserman Schultz (D-FL) introduced companion legislation in the U.S. House of Representatives.

Learn more here: https://www.rubio.senate.gov/public/index.cfm?p=Press-Releases&id=F2024CCD-697C-4FFF-B9AA-34C0C51138DE