12/27/09

Law Suit Against Generali Insurance Company Goes Ahead In California USA

Generali Insurance Company, Italy's largest insurance company which also owns Israeli insurance company Migdal, has lost a California USA court case that would have stopped court action considering claims filed against the company for insurance policies purchased in Europe before World War Two by holocaust victims. Generali has been consistently trying to avoid any responsibility to pay these insurance policies to holocaust victims' families by using any and all means. Generali must now defend itself in the $135 million suit in California. The precedent setting case should serve a....

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