Bill to reclaim Holocaust-era unpaid insurance policies

(JNS) — Legislation brought forth in the U.S. Congress on Tuesday would allow insurance beneficiaries to recover billions in unclaimed payments from World War II.

The Holocaust Insurance Accountability Act of 2021 was re-introduced by Rep. Debbie Wasserman Schultz (D-Fla.) and Sen. Marco Rubio (R-Fla.), along with its original co-sponsors, who include Sens. Jacky Rosen (D-Nev.) and Rick Scott (R-Fla.), and Reps. John Garamendi (Calif.), David Kustoff (Tenn.) and Lee Zeldin (N.Y.).

According to a statement announcing the legislation, 97 percent of the approximately 800,000 insurance policies he...