November 27, 2006
Law Firm Kohn, Swift & Graf, P.C. announces that a settlement has
been reached In re: Assicurazioni Generali S.p.A. Holocaust Insurance
Litigation, No 1374 filed in the United States District Court for the
Southern District of New York, USA, between Assicurazioni Generali
S.p.A. and individuals persecuted by the Nazis who owned Generali
insurance at the time of their persecution.
"This will be an opportunity for many people to finally receive funds
that are owed to them and their families," said Robert Swift who has
served as one of the lead attorneys for the plaintiffs who have been
engaged in several class action lawsuits against Generali for more
than nine years.
Individuals or their ancestors who purchased Generali insurance
between 1920 and 1945 and who owned a policy or were a beneficiary of
a policy that was in force immediately prior to their persecution by
the Nazis or their allies are eligible. Mr. Swift continued, "Many
of these people were persecuted due to their religion, ethnic
background, sexual orientation, or political beliefs. They include
but are not limited to Jews, Romani, Jehovah's Witnesses, Political
Prisoners, and Homosexuals." One important limitation is that if
Generali has already compensated an individual for their policy, they
are not eligible for further compensation in connection with this
Settlement.
A SIMPLE CLAIMS PROCESS THAT WILL BE SUPERVISED BY THE COURT HAS BEEN
ESTABLISHED. TO PARTICIPATE IN THE SETTLEMENT INDIVIDUALS SIMPLY NEED
TO CALL TOLL FREE 1-866-217-4455 AND ASK FOR A NOTICE AND CLAIM FORM.
ALTERNATIVELY THEY CAN GO TO WWW.NAZIERAINSURANCESETTLEMENT.COM AND
DOWNLOAD THE NOTICE AND A CLAIM FORM AND MAIL IT POSTMARKED BY MARCH
31, 2007, TO:
Assicurazioni Generali S.p.A.
Policy Information Center
Piazza Duca Degli Abruzzi, 2
34132 Trieste, Italy
"It is not necessary to have the actual policy to participate in this
Settlement. If individuals believe their families owned or were
beneficiaries of such a policy they should make a claim," Mr. Swift
explained.
Claim Forms will be processed and funded using the claim validation
procedures established by the International Commission on Holocaust
Era Insurance Claims ("ICHEIC"). The Settlement includes all claims
received by ICHEIC that have not yet been processed, as well as new
ones. Validated claims will be processed based on the amount due,
but a minimum payment of 1,000 USD has been set for all eligible
claims.
A Hearing to consider final approval of the Settlement will be held
at 10:30 a.m. on January 31, 2007, in Courtroom 15D of the United
States Court at 500 Pearl Street, New York, New York 10007, USA.
CONTACT: Anya Verkhovskaya, Senior Vice President, A.B. Data, Ltd.,
Notice Administrator, (414) 963-6441, [EMAIL PROTECTED]
