H.R. 743House109th Congress (2005-2007)In Committee

Comprehensive Holocaust Accountability in Insurance Measure

Sponsored by Mark FoleyRep. Mark Foley (R-FL)
Introduced February 10, 2005

Legislative Activity

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2 earlier actions
HouseCommittee Latest Action

Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

March 18, 2005

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HouseIntro Referral

Introduced in House

February 10, 2005

HouseIntro Referral

Referred to the House Committee on Financial Services.

February 10, 2005

HouseCommittee

Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

March 18, 2005

Floor Debate

24 members

What members said about H.R. 743 on the floor

13 Republicans11 Democrats
Ralph Regula
Rep. Ralph RegulaR-OH-16 · Jun 24, 2005

Mr. Chairman, I move to strike the last word. I yield to the gentleman from Massachusetts. I yield to the gentleman from Wisconsin. Mr. Chairman, reclaiming my time, let me say that I agree with the…

David R. Obey
Rep. David R. ObeyD-WI-7 · Jun 24, 2005

Mr. Chairman, will the gentleman yield? Mr. Chairman, let me thank the gentleman from Ohio for striking the last word so you could raise this. Let me simply say to the gentleman from Massachusetts…

George Miller
Rep. George MillerD-CA-7 · Jun 24, 2005

Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself 2 minutes. Mr. Chairman, I join the gentlewoman from Illinois (Ms. Schakowsky) and the gentleman from New York (Mr. Crowley) to offer…

Thomas G. Tancredo
Rep. Thomas G. TancredoR-CO-6 · Jun 24, 2005

Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself such time as I may consume. We have had a number of debates already on this issue, on the issue of how much money is in this bill and…

Nancy L. Johnson
Rep. Nancy L. JohnsonR-CT-5 · Jun 24, 2005

Mr. Chairman, I thank the gentleman for yielding me this time. I rise in strong opposition to this amendment, although I appreciate the concern of the gentleman from California (Mr. Filner). First of…

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Jim Kolbe
Rep. Jim KolbeR-AZ-8 · Jun 24, 2005

Mr. Chairman, I offer an amendment as a designee of the gentleman from Arizona (Mr. Flake). Mr. Chairman, I yield myself such time as I may consume. Mr. Chairman, I rise in support of the amendment…

Tom Price
Rep. Tom PriceR-GA-6 · Jun 24, 2005

Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself such time as I may consume. Mr. Chairman, I would rise to commend the Chair and the committee for their work. I understand the…

Michael M. Honda
Rep. Michael M. HondaD-CA-15 · Jun 24, 2005

Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself such time as I may consume. Mr. Chairman, I rise in support of parents and students within my own Silicon district, and from parents…

Ric Keller
Rep. Ric KellerR-FL-8 · Jun 24, 2005

Mr. Chairman, I thank the chairman for yielding. Mr. Chairman, I initially planned to offer an amendment today to increase the maximum Pell grant award to $4,150. By increasing Pell grant funding by…

Bob Filner
Rep. Bob FilnerD-CA-51 · Jun 24, 2005

Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself 2 minutes. Mr. Chairman, everyone in this House and everyone in this country knows that identity theft is one of the fastest growing…

Sherrod Brown
Rep. Sherrod BrownD-OH-13 · Jun 24, 2005

Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself such time as I may consume. This amendment does not require much explanation. The Bush administration created a Medicaid Commission…

Mark Kirk
Rep. Mark KirkR-IL-10 · Jun 24, 2005

Mr. Chairman, I offer an amendment. Mr. Chairman, parliamentary inquiry. Mr. Chairman, is it my understanding that the agreement worked between majority and minority to have the Kirk and Nadler…

Ron Kind
Rep. Ron KindD-WI-3 · Jun 24, 2005

Mr. Chairman, I ask unanimous consent that the balance of the gentleman's time be reserved. Mr. Chairman, I would ask unanimous consent for 2 additional minutes on each side. Mr. Chairman, I offer an…

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John A. Boehner
Rep. John A. BoehnerR-OH-8 · Jun 24, 2005

Mr. Chairman, will the gentleman yield? Mr. Chairman, I agree with the gentleman from Florida (Mr. Keller) that the Pell grant program plays an essential role in helping disadvantaged students pursue…

Jerrold Nadler
Rep. Jerrold NadlerD-NY-8 · Jun 24, 2005

Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself such time as I may consume. Mr. Chairman, let me begin by expressing my appreciation to the gentleman from Illinois for his…

Jeff Flake
Rep. Jeff FlakeR-AZ-6 · Jun 24, 2005

Mr. Chairman, I thank the gentleman for yielding me time. This ruling did just come out, and in Arizona we have I think the largest number of charter schools in the Nation. Most of them serve…

Lynn C. Woolsey
Rep. Lynn C. WoolseyD-CA-6 · Jun 24, 2005

Mr. Chairman, I rise in support of the Miller amendment. Mr. Chairman, employees and retirees at United Airlines played by the rules and deserve what they expected--a solid pension payment to support…

Barney Frank
Rep. Barney FrankD-MA-4 · Jun 24, 2005

Mr. Chairman, will the gentleman yield? Mr. Chairman, I thank the chairman of the subcommittee for yielding. Mr. Chairman, I have been concerned about a program known as Youth Build, which I know…

Joseph Crowley
Rep. Joseph CrowleyD-NY-7 · Jun 24, 2005

Mr. Chairman, I thank my friend and colleague from California for yielding me this time. Mr. Chairman, I rise in strong support of the Miller-Schakowsky- Crowley amendment and urge all our Members…

Ginny Brown-Waite
Rep. Ginny Brown-WaiteR-FL-5 · Jun 24, 2005

Mr. Chairman, unfortunately, in the UC agreement that we have before us, the wrong amendment is listed. It actually amends title I; so, therefore, it should be out of order. It was supposed to be on…

John Kline
Rep. John KlineR-MN-2 · Jun 24, 2005

Mr. Chairman, while the men and women of our armed forces serve bravely throughout the world, the ability of our U.S. military to recruit highly qualified candidates is being put in jeopardy. Former…

James A. Leach
Rep. James A. LeachR-IA-2 · Jun 24, 2005

Mr. Chairman, I am honored to offer this amendment with the gentleman from New York (Mr. Nadler) and the gentleman from New York (Mr. Boehlert). I would only stress of all the learning disciplines,…

John B. Shadegg
Rep. John B. ShadeggR-AZ-3 · Jun 24, 2005

Mr. Chairman, I thank the gentleman for yielding me time, and I rise in strong support of the amendment. I think the point that needs to be made here is what the gentleman from Arizona (Mr. Kolbe),…

Linda T. Sánchez
Rep. Linda T. SánchezD-CA-39 · Jun 24, 2005

I thank the gentleman for yielding. Mr. Chairman, envision this: an undocumented immigrant suffers from severe chest pains and a nagging cough. Too frightened to seek out medical attention in the…

Bill Text

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Introduced in HouseIssued February 10, 2005

I

109th CONGRESS

1st Session

H. R. 743

IN THE HOUSE OF REPRESENTATIVES

February 10, 2005

Mr. Foley (for himself, Mr. Israel, Mrs. McCarthy, Mr. Norwood, Mr. McNulty, Ms. Zoe Lofgren of California, and Mr. McHugh) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To clarify the authority of States to establish conditions for insurers to conduct the business of insurance within a State based on provision of information regarding Holocaust era insurance policies of the insurer and to establish a Federal cause of action for claims for payment of such insurance policies, and for other purposes.

1.

Short title

This Act may be cited as the Comprehensive Holocaust Accountability in Insurance Measure.

2.

Congressional findings

The Congress finds that—

(1)

between 1933 and 1945, the Nazi regime and its collaborators conducted systematic, bureaucratic, and State-sponsored persecution and murder of approximately six million Jews—the genocidal act known as the Holocaust;

(2)

before and during World War II, millions of European Jews had purchased, in good faith, life insurance policies with certain European insurance companies because these policies were a popular form of savings and investment that provided a means of safeguarding a family’s assets, assisting in retirement planning, providing for a dowry, or saving for the education of children;

(3)

after the Nazis came to power in Germany, they systematically confiscated the insurance assets, including the cash value of life insurance policies, of Jews and other designated enemies of the Nazi regime;

(4)

after the conclusion of World War II, European insurers often rejected insurance claims of Holocaust victims and heirs who lacked required documentation, such as death certificates;

(5)

during the 50 years since the end of the war, only a small percentage of Holocaust victims and their families have been successful in collecting on their policies;

(6)

in 1998, the International Commission on Holocaust Era Insurance Claims (ICHEIC) was established by U.S. State insurance regulators, European insurers, and certain nongovernmental organizations to act as a facilitator between insurers and beneficiaries to help expedite payouts on contested insurance policies;

(7)

to date ICHEIC has received over 90,000 claims and has only made 2,281 settlement offers, which amounts to less than a 3% success rate;

(8)

these insurance payments should be expedited to the victims of the most heinous crime of the 20th century to ensure that they do not become victims a second time;

(9)

States should be allowed to collect Holocaust-era insurance information from foreign-based insurance companies that want to do business in the State; and

(10)

Holocaust victims and their families should be able to recover claims on Holocaust era insurance policies in Federal court when they deem it necessary to seek redress through the judicial system.

3.

State authority to establish requirements for conducting insurance business

(a)

In general

A State may establish requirements on insurers as a condition of doing insurance business in that State, to the extent such requirements are consistent with the due process guarantees of the Constitution of the United States, as follows:

(1)

Information requirements

The State may require that an insurer provide to the State the following information regarding Holocaust era insurance policies:

(A)

Whether the insurer, or any affiliate or predecessor company, sold any such policies.

(B)

The number of such policies sold by the insurer, and any affiliates and predecessor companies, and the number the insurer and its affiliates currently have in their possession.

(C)

The identity of the holder and beneficiary of each such policy sold or held and current status of each such policy.

(D)

The city of origin, domicile, and address for each policyholder listed.

(E)

If an insurer has no such policies to report because records are no longer in the possession of the insurer or its affiliates, a statement explaining the reasons for the lack of possession of such records.

(F)

Any other information regarding such policies as the State considers appropriate.

(2)

Requirements regarding payment of policies

A State may require that an insurer certify that, with respect to any Holocaust era insurance policies sold or at any time held by the insurer—

(A)

the proceeds of the policy were paid;

(B)

the beneficiaries of the policy or heirs or such beneficiaries could not, after diligent search, be located, and the proceeds were distributed to Holocaust survivors or charities;

(C)

a court of law has certified a plan for the distribution of the proceeds; or

(D)

the proceeds have not been distributed.

(b)

Holocaust era insurance policies

For purposes of this section, the term Holocaust era insurance policy means a policy for insurance coverage that—

(1)

was in force at any time during the 26-year period beginning with 1920 and ending with 1945; and

(2)

has a policy beneficiary, policyholder, or insured life that is a listed Holocaust victim.

4.

Federal cause of action for covered claims

(a)

Federal cause of action

(1)

In general

There shall exist a Federal cause of action for any covered claim.

(2)

Statute of limitations

Any action brought under paragraph (1) shall be filed not later than 10 years after the date of the enactment of this Act.

(b)

Subject matter jurisdiction

The district courts shall have original jurisdiction of any civil action on a covered claim (whether brought under subsection (a) or otherwise).

(c)

Personal jurisdiction

Notwithstanding any provision of Rule 4 of the Federal Rules of Civil Procedure to the contrary, in a civil action on a covered claim (whether brought under subsection (a) or otherwise) commenced in a district where the defendant is not a resident—

(1)

the court may exercise jurisdiction over such defendant on any basis not inconsistent with the Constitution of the United States; and

(2)

service of process, summons, and subpoena may be made on such defendant in any manner not inconsistent with the Constitution of the United States.

(d)

Definitions

For purposes of this section:

(1)

Covered claim

The term covered claim means a claim against a covered foreign insurance company that arises out of the insurance coverage involved in an original request.

(2)

Original request

The term original request means a request that—

(A)

seeks payment of any claim on insurance coverage that—

(i)

was provided by a covered foreign insurance company;

(ii)

had as the policyholder, insured, or beneficiary a listed Holocaust victim; and

(iii)

was in effect during any portion of the 13-year period beginning with 1933 and ending with 1945; and

(B)

was made by a listed Holocaust victim, or the heirs or beneficiaries of such victim, to the covered foreign insurance company or the International Commission on Holocaust Era Insurance Claims.

(3)

Covered foreign insurance company

The term covered foreign insurance company means each of the following companies, and its affiliates and predecessor companies:

(A)

Assicurazioni Generali S.p.A.

(B)

Union Des Assurances de Paris.

(C)

Victoria Lebenversicherungs AG.

(D)

Winterthur Lebensversicherungs Gesellschaft.

(E)

Allianz Lebensversicherungs AG.

(F)

Wiener Allianz Versicherungs AG.

(G)

Riunione Adriatica di Sicurta.

(H)

Vereinte Lebensversicherungs AG.

(I)

Basler Lebens-Versicherungs Gesellschaft.

(J)

Deutscher Ring Lebensversicherungs AG.

(K)

Nordstern Lebensversicherungs AG.

(L)

Gerling Konzern Lebensversicherungs AG.

(M)

Manheimer Lebensversicherung AG.

(N)

Der Anker.

(O)

Allgemeine Versicherungs AG.

(P)

Zuerich Lebensversicherungs Gesellschaft.

(Q)

Any other foreign insurance company that the States or the Attorney General of the United States determines was in a position to have financial dealings with any individual who was a victim of the Holocaust.

5.

Listed Holocaust victims

For purposes of this Act, the term listed Holocaust victim means the following individuals:

(1)

List of survivors

Any individual whose name is on the list of Jewish Holocaust Survivors maintained by the United States Holocaust Memorial Museum in Washington, D.C.

(2)

List of deceased

Any individual whose name is on the list of individuals who died in the Holocaust maintained by the Yad Veshem of Jerusalem in its Hall of Names.

(3)

Other lists

Any individual whose name is on—

(A)

any list of Holocaust victims that is designated as appropriate for use under this Act by the chief executive officer of a State or a State insurance commissioner or other principal insurance regulatory authority of a State; or

(B)

any similar list, such as a list of the International Red Cross, the League of Red Cross Societies, the Supreme Headquarters of the Allied Expeditionary Forces, or other regularly accessed source of information regarding Holocaust victims.