Bill > HR3008

This bill, known as the Holocaust Insurance Accountability Act of 2025, aims to restore legal rights for claimants seeking to recover proceeds from Holocaust-era insurance policies issued between 1933 and 1945 in areas occupied by Nazi Germany or in Switzerland. The bill creates a new federal cause of action that allows beneficiaries (including heirs or legal representatives of original policyholders) to sue insurers in U.S. courts to recover policy proceeds, overriding previous legal barriers such as the Supreme Court's Garamendi decision that had preempted state laws on such claims. Claimants can choose to use either state law or federal common law as the basis for their lawsuit, and the bill establishes a uniform 10-year statute of limitations from the date of enactment. The legislation provides for potentially significant remedies, including the full policy proceeds, prejudgment interest at 6% compounded annually, and the possibility of treble damages if the insurer is found to have acted in bad faith. Importantly, the bill nullifies previous court judgments or settlement agreements that might have previously blocked such claims and ensures that executive agreements or foreign policy considerations cannot prevent these lawsuits. The bill also mandates nationwide service of process and requires courts to award attorney's fees to prevailing beneficiaries, with the goal of helping Holocaust survivors and their families recover insurance benefits that were never paid out during or after World War II.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/3008/all-info