Bill > S2621

This bill, titled the Holocaust Insurance Accountability Act of 2019, aims to provide for the restoration of legal rights for claimants under Holocaust-era insurance policies. The key provisions of the bill include: creating a new federal private cause of action and subject matter jurisdiction to allow beneficiaries of Holocaust-era insurance policies to file suits in U.S. courts to recover any proceeds they may be entitled to, regardless of prior judgments or settlements that may have been based on the mistaken belief that such state law claims were preempted by executive branch foreign policy; providing a uniform 10-year statute of limitations for such claims; and preventing executive agreements or foreign policies from superseding or preempting state laws related to Holocaust-era insurance policies or from compromising or foreclosing claims brought under the bill.